Live lobster, tail prices reached 5-year-highs for month of Aug, confirming slowdown in supply
SEAFOODNEWS.COM by Michael Ramsingh - September 22, 2014
What appears to be the return of more "normal" seasonal lobster landing behavior in Maine has kept inventories down and sent current live lobster and tail prices to five-year highs so far this year. Anecdotally the total volume of landings is down in Maine, and the molting process is more spread out, which means there was no surge of landings similar to what was seen the past two years.
Actual lobster landing data out of Maine is not available for the current fishing season until January. But so far a number of anecdotal reports from industry sources in Maine indicate the season is trending more in line with historical catch patterns. The massive glut of soft shell supplies fishermen pulled out of the Gulf of Maine over the last two seasons did not happen this year as colder waters this season prevented an early molt...
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