ANALYSIS: Canadian Spring Lobster Season Update
Supply
We're currently in the fourth week of Canada's spring fishing season, and by all accounts, fishing activities have been quite successful. Unlike the fall and winter season, weather conditions have been near perfect as robust landings have been reported across all open LFAs (Lobster Fishing Areas). With the start of the Cape Breton season on the horizon (LFA 27,28,29,30) (Wednesday set), we are entering peak availability for raw material.
Prior to the start of the spring fishing season, net inventories for both the live and frozen markets were at...
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