ANALYSIS: Lobster Market Sees Supply Constraints, Rising Replacement, and Moderate Demand
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As we quickly approach the Christmas holiday we are faced with low catches, elevated shore prices, and strengthening market values.
Delayed openings for LFA 33-34 are not uncommon, but the unprecedented opening shore price of $10.50 CAD stands out, surpassing the hopes and expectations of many—especially when compared to last year's opening shore price of $7.50 CAD. Since the opening, the Canadian shore price has increased steadily, and there's the potential for further increases as...
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