ANALYSIS: Live Lobster Market Navigates a Shifting Supply Landscape

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ANALYSIS: Live Lobster Market Navigates a Shifting Supply Landscape

The live lobster market is entering a pivotal seasonal transition. As July begins, several Canadian Lobster Fishing Areas (LFAs) are either closing or experiencing reduced landings, tightening northern supply. At the same time, fishing activity in Maine is increasing, with a gradual shift in production focus to US harvesters. This period typically marks a rebalancing of supply dynamics, with market participants closely watching shifts in availability, pricing and demand as the peak summer season approaches...

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