Tag Archives: supply
Lobster dealers hope for a fall surge
This year, boat prices are high, but the catch is down, dealers say. Supply is meeting demand, but the demand is lower than last year. While at least one local seafood retailer had a great summer, wholesale dealers’ reports are unenthusiastic. Both lobstermen and dealers are keeping fingers crossed for a big fall surge in catch. With the state’s commercial fishery granted a six-year reprieve in December from new federal regulations that many industry voices said would decimate the fishery, the 2023 season has focused on traditional concerns, such as supply, demand, prices and bait. “The price is up but the catch is down, and we’ve had horrible weather,” said Susan Soper, general manager of Winter Harbor Lobster Co-op. “Our retail sales were almost 60 percent down.”>>click to read<< 13:03
