ANALYSIS: Live Lobster Market Outlook, Navigating Supply Constraints and Demand Uncertainty
As the summer’s peak demand period winds down, the live lobster market faces an unexpected dynamic. Maine’s landings have been slow to gain momentum, resulting in supply that is tighter than anticipated. At the same time, both domestic and international demand have remained subdued. The absence of strong buyer interest—despite limited availability—has prompted market participants to question whether elevated price points, broader economic pressures, or shifting consumption patterns are dampening demand, a sharp departure from the robust activity typically seen during the height...
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