News Summary October 16, 2026
Today's Top Story: Live Lobster Prices Held in Check as Buyers Stay Disciplined and Frozen Stocks Stay Lean
Live lobster prices remain capped as disciplined buyers focus on immediate needs, with hard-shell values near year-ago levels and frozen inventories running lean after LFA 25's October 10 closure removed another raw material source ahead of the larger late-November fisheries. US live lobster imports from Canada totaled 30.9 million pounds through August, down 14.7% year-over-year and the lowest year-to-date volume in six years, while China is emerging as a key fourth-quarter variable as Canadian shipments there rebounded 133.9% in August amid an uncertain tariff outlook for both origins...
To Read Full Story Login Below.