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Is annual lobster settlement index predictor of more declines in landings in eastern Maine, Bay of Fundy?

The following is this year’s “Update 2015 to the American Lobster Settlement Index,” prepared and presented here by Rick Wahle and his colleagues at the University of Maine’s Darling Center. Our thanks to Dr. Wahle and his team for sharing this important information once again this year with our readers. —Editor

The following is this year’s “Update 2015 to the American Lobster Settlement Index,” prepared and presented here by Rick Wahle and his colleagues at the University of Maine’s Darling Center. Our thanks to Dr. Wahle and his team for sharing this important information once again this year with our readers.
—Editor

WALPOLE, ME – The question on everyone’s mind in the lobster industry is: How long will this boom last?

As 2015’s lobster landings are still being tallied, it’s shaping up to be another all-time record for the US and Canada. That is, in dollar value.

But for Maine, the state dominating US landings, volume has fallen off the 2013 peak for the second year running.

Indeed, while Maine’s landings shot up by 23% in value in 2014, volume was down 3%.

In 2015, value surged again by another 8%, masking a 2.4% decline in volume from 2014.

This ALSI Update adds the 2015 settlement numbers to our accumulating time series…

 

To get the rest of this story and much more – you’ll need the JUNE 2016 issue of Commercial Fisheries News.

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