ANALYSIS: Lobster Market Sees Supply Constraints, Rising Replacement, and Moderate Demand
As we quickly approach the Christmas holiday we are faced with low catches, elevated shore prices, and strengthening market values.
Delayed openings for LFA 33-34 are not uncommon, but the unprecedented opening shore price of $10.50 CAD stands out, surpassing the hopes and expectations of many—especially when compared to last year's opening shore price of $7.50 CAD. Since the opening, the Canadian shore price has increased steadily, and there's the potential for further increases as...
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