ANALYSIS: Scallop Market Experiencing Robust Fishing Efforts and Conflicting Pressures

The Atlantic sea scallop sector continues to report an unsettled undertone with conflicting pressures affecting the market. Framework Adjustment 36 to the Atlantic sea scallop Fishery Management Plan has resulted in notable catch reductions for the 2023 and 2024 (default) fishing years. Yearly survey results have noted that while the resource is healthy and not overfished, a diminishing harvestable biomass as well as not enough recruitment in recent years were reported...
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