ANALYSIS: Canadian Lobster Shore Price Remains at CA$8.00; Selling Prices, Margins Continue to Erode

All major fishing areas in Canada are currently open, including LFA 24, which was temporarily closed due to right whale sightings. Although fishing in the Gulf area started slowly due to weather, decent landings are reported out of Gaspe Peninsula, Madelaine Islands, Cape Breton and New Foundland. Meanwhile, Southwest Nova Scotia, LFA 33-34 closed after an extension due to the forest fires.
The shore price in Canada retreated from the $13.00 CAD level at the start of the season and has been...
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