ANALYSIS: Live Lobster Market Firms Amid Supply Shortage and Looming Canada-China Tariff Deal
The live lobster market has shown firmer pricing in early January, supported by tightening supply and steady export activity. Adverse weather across Maine and Canada has limited fishing opportunities, while seasonally light effort has further constrained landings. According to NOAA, Maine landings through December are approximately 12 percent below 2024 levels, underscoring a tighter-than-normal supply backdrop. Adding to market complexity are ongoing quality concerns, reported not only in stored Canadian inventory but also in newly landed product...
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