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Tag Archives: strong demand

Lobster prices at the wharf hit $18 a pound in Nova Scotia

March 6, 2024 Canada

Low catches, low inventory and strong demand are driving the price increase in lobster fishing areas from Halifax to Digby. “It’s surprising, I don’t think anyone expected $18 a pound when the season opened,” said Heather Mulock of the Coldwater Lobster Association, which represents lobster fishermen in southwest Nova Scotia. “There were not a lot of catches and that is reflected in the price.” In Halifax, Sobeys is selling live lobster for $18.99 a pound. Buyer Stewart Lamont of Tangier Lobster fears the high price could bump the crustacean off restaurant menus. more, >>click to read<< 14:32

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Record high prices, strong demand for Canadian snow crab bodes well for Alaska

October 24, 2017 Canada, International News, North Pacific

The top executives of Royal Greenland and Ocean Choice International (OCI) noted demand has remained strong for Canadian snow crab in 2017, despite record-high prices caused by reduced supply from the Newfoundland and Labrador fishery. In April, Canada’s Department of Fisheries and Oceans (DFO) cut the 2017/2018 total allowable catch (TAC) for the Newfoundland and Labrador fishery 22% year-on-year — to 35,419 metric tons — causing prices to increase to record levels of over $8 per pound (for 5-8 ounce size crab) during the season, sources said. The Newfoundland season started on April 6 and finished between May and August, depending on the area. click here to read the story 18:38

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Ocean Resource Privatization

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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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