ANALYSIS: Lobster Prices Higher Than Normal Ahead of Mother's Day
The current landscape for the live lobster market looks a lot different than it did a year ago. This time last year, the Canadian spring season was getting underway amid a depressed market. Closed overseas markets, lockdowns, and safety restrictions gave pause to market participants. The uncertainty surrounding the level of demand from the foodservice sector curtailed the amount of product that was landed and processed in the spring. The 2020 Canadian spring shore price by mid-May was in...
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