American Lobster Settlement Index | Update 2016

Just as US and Canadian lobster landings seem to be breaking all the records, settlement has been dipping to all-time lows. The disconnect is causing a lot of people to scratch their heads. Harvests on both sides of the border have sustained an almost uninterrupted surge in abundance for more than a decade. By 2015, US harvests had nearly doubled since 2003, and since 2000 for Canada, making for a combined volume of 157 thousand metric tons (346 million lbs) with a value of $US1.48 billion. Fishery independent state and federal surveys leave no doubt  that there have been real and dramatic increases in abundance.  While the 2016 landings are still being tallied, if Maine’s impressive performance is any indication (Maine harvests about 80% of the US share), 2016 is likely to go down as another banner year both in volume and value. By all indications, the reproductive output of the American lobster population should be greater than ever, but for some reason it does not seem to be translating into record breaking settlement.  click here to read the report 10:45