Category Archive: Lobster Market Report

LMR – Late July start for shedders; price holds

The July lobster market changed markedly from that of the overabundance of Canadian product in June.  A number of Canadian fishing seasons closed and two that still remained open by the July 8 reporting week, the Bay of Fundy, Lobster Fishing Area (LFA) 35, and Cape Breton, LFA 27, were landing product that was getting …

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LMR – Chinese New Year provides lobster sales uptick

January and February used to be the slowest months in the year for the lobster marketplace, back before US and Canadian exporters began selling to China.  But no more.  This year they sold every large lobster they could buy to the Chinese for that nation’s week-long New Year and Spring Festival celebrations in late Jaunary.  …

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Permanent link to this article: http://fish-news.com/cfn/chinese-new-year-provides-lobster-sales-uptick/

Lobsters – Prices, data, collaborative

Processor demand pushes boat price increase  Twelve days before Labor Day lobster catches in certain parts of the coast had dropped off.  Processors in the US and Canada needed product.  The result:  the boat price jumped 10 cents/lb for new shells.  At ports where the catch had dropped off earlier, the price had risen earlier; …

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Permanent link to this article: http://fish-news.com/cfn/lobsters-prices-data-collaborative/