ANALYSIS: Canadian Spring Lobster Season - Update 2
Supply
The Canadian spring fishing season is shaping up to be exceptional. As we enter the month of June, landings have been robust, substantial, and unrelenting. Perfect weather has allowed fishermen across all LFAs the opportunity to fish consistently. At the peak, there were even talks of a crate shortage due to the rapid influx of product, overwhelming both live and processing markets. The shore price in Canada reached a record $20.00 CAD before the season began, but as each LFA started and raw material became readily available, the price...
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