Slowing Chinese lobster demand, anticipated early season likely mean more conservative pricing

March 22, 2016 Canada, International News, National, New England

Lobster prices have fallen significantly after anticipation of continued strong growth in Chinese demand failed to come to fruition, with some industry executives expecting more conservative pricing for next season. In September last year, strong Chinese demand was keeping lobster prices high despite the usual post-Labor Day slowdown in the US, with softshell lobster selling for between $4.75 to $5.75 a pound. Some sources predicted that high prices could remain the norm for the foreseeable future. “Last year prices surged, but we had a long cold winter, supply was short, demand from China drove prices up pretty [high],” said Neil Zarella of Boston Lobster Company. Read the article here 15:39

lobster prices, Slowing Chinese lobster demand, softshell lobster

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The New England groundfish debacle (Part III): who or what is at fault? Nils E. Stolpe/FishNet

It took me a while to decide how to most accurately describe the situation that has been visited upon the New England fishing communities that are and since colonial times have been dependent on the groundfish fisheries.

NILS STOLPE: The New England groundfish debacle (Part IV): Is cutting back harvest really the answer?

While it’s a fact that’s hardly ever acknowledged, the assumption in fisheries management is that if the population of a stock of fish isn’t at some arbitrary level, it’s because of too much fishing. Hence the term “overfished.” Hence the mandated knee jerk reaction of the fisheries managers to not enough fish; cut back on fishing. What of other factors? They don’t count. It’s all about fishing, because fishing is all that the managers can control; it’s their Maslow’s Hammer. When it comes to the oceans it seems as if it’s about all that the industry connected mega-foundations that support the anti-fishing ENGOs with hundreds of millions of dollars a year in “donations” are interested in controlling. Read the article here

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