California lobstermen ride high-price wave from China
Since it became home to California’s first lobster fishery in the early 1870s, the coastal city of Santa Barbara has established a long and proud history of lobster fishing. The industry is now experiencing a surge in demand because of a trade war between nations that are thousands of miles across the Pacific Ocean. Almost all of the lobsters caught in the waters off of Santa Barbara’s coast this season will end up in China, where an ongoing dispute with Australia has worked to the advantage of California’s lobster fishing community. The surge in demand from Chinese markets has resulted in high prices that fishermen and distributors here say are without precedent, as well as plenty of uncertainty. >click to read< 08:36
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