News Summary April 17, 2025
ANALYSIS: Tariffs and Shifting Demand Shape Live Lobster Market Outlook
In our top story today, Liz Cuozzo analyzes the live lobster market as it reacts to tariffs and shifting demand, especially as the Canadian Spring lobster season prepares to open this Monday, April 21. Early indicators point to a strong start, buoyed by recent biomass assessments suggesting landings could match—or even surpass—last spring’s solid production. However, she says, this promising outlook unfolds against a backdrop of economic and trade uncertainty, tempering optimism across global markets...
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