ANALYSIS: Maine Lobster Fishing Season Update
Supply: By all accounts, the Canadian spring fishing season was exceptional. First, the weather conditions for fishing were nearly perfect. The catch started early and remained abundant throughout the season, resulting in lower-than-usual acquisition costs. Live buyers, processors, and shippers all met their demands, while tank houses were able to build their inventories to full capacity.
While the Canadian spring fishing season was highly productive, the Maine summer fishing season has been slow to start. However, promising reports of strong landings have emerged in the last week...
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