ANALYSIS: Lobster - Canadian Spring Fishing Update
The Canadian Spring lobster season is finishing its fourth week, unfolding against a backdrop of trade uncertainty and shifting global demand. Ongoing tariff challenges—namely China’s 25% duty on Canadian lobster and the newly reduced 10% tariff on U.S. product—have created hesitation in key export markets. Overall, consumer demand has been slow to build, as buyers remain cautious and reluctant to make significant commitments in a still uncertain market environment.
Supply:
While weather has curtailed fishing activity and kept early catch levels below last year’s pace, supply has been sufficient to...
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