Welcome to FIS   Sponsored By
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
   


Maine lobster. (Photo: Roberto Rodriguez)

Low catch and strong sales are rocketing lobster price

Click on the flag for more information about United States UNITED STATES
Tuesday, January 10, 2017, 23:50 (GMT + 9)

The low winter catch in New England and Canada, coupled with increased exports to China, are driving lobster prices up.

On the one hand, the bad weather is slowing down winter catch, which is typically a slow season for U.S. lobster fishermen and a generally active one off Atlantic Canada.

At the same time, there is increasing demand for American lobster in China, especially at this time, when the Asian country celebrates its New Year on 28 January.

American consumers were already paying prices higher than in the previous year, from USD 9 to USD 11 per pound for a live lobster in September. However, now prices have moved up to USD 13 per pound.

In the last three years, lobster sales to China generated about USD 85 million in revenue, amounting to about 12 million pounds. The lowest level of export was in 2010, when China only imported less than one million pounds, Associated Press reported.

According to federal records, US fishermen have caught more than 100 million pounds of lobster for seven years in a row after having never accomplished that achievement previously.

Lobsters were worth a record of more than USD 600 million at the docks in 2015, official records indicate.

[email protected]
www.fis.com


 Print


Click to know how to advertise in FIS
MORE NEWS
United States
Jan 20, 02:10 (GMT + 9):
KnipBio moves towards commercial production of single cell protein
Iceland
Jan 20, 01:40 (GMT + 9):
Icelandic blue whiting fishery receives MSC certification
Argentina
Jan 20, 01:30 (GMT + 9):
Good start for squid season
Brazil
Jan 20, 00:10 (GMT + 9):
Government and companies discuss resumption of seafood exports to EU
Seychelles
Jan 19, 23:50 (GMT + 9):
New measures taken to control yellowfin tuna catches
Viet Nam
Jan 19, 23:00 (GMT + 9):
IN BRIEF - Aquaculture export looks to set new record
Ghana
Jan 19, 23:00 (GMT + 9):
IN BRIEF - Fisheries Ministry to launch Aquaculture for Food and Jobs Programme
Mexico
Jan 19, 22:50 (GMT + 9):
Growth of seafood consumption generates new marketing spaces
Australia
Jan 19, 22:10 (GMT + 9):
Huon launches protocol to recover escaped yellowtail kingfish
Canada
Jan 19, 22:00 (GMT + 9):
in brief - N.S. fisheries minister dismisses critics of Cooke Aquaculture
Spain
Jan 19, 21:20 (GMT + 9):
Murcia seeks to obtain sustainable seal for shrimp and transparent goby
New Zealand
Jan 19, 03:00 (GMT + 9):
Minister rejects industry request on footage exempt
Australia
Jan 19, 02:30 (GMT + 9):
Krill sound could help estimate its abundance
France
Jan 19, 02:20 (GMT + 9):
Carrefour will not purchase pulse fishing products
Spain
Jan 19, 01:40 (GMT + 9):
Clam fishing ground closed in the Gulf of Cadiz



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Blue Harvest Fisheries will have new President and CEO
United States Blue Harvest Fisheries announced that its President and CEO, Jeff Davis, will retire this month.
Spain and Portugal defend recovery plan for Iberian sardine
Spain Fisheries authorities from Spain and Portugal participated in a technical meeting with the services of the European Commission, to explain in detail the proposal of a multi-year management plan for the recovery of Iberian sardine prepared by both countries.
General Fisheries Commission for the Mediterranean to open subregional office in Fuengirola
Spain The General Fisheries Commission for the Mediterranean will have a sub-regional office for the Western Mediterranean that will be located in the Oceanographic Center of Malaga, in Fuengirola.
Chubut and NGO sign agreement to achieve international shrimp certification
Argentina The Chubut Fisheries Secretariat and CeDePesca have signed a collaboration agreement to work together with the objective of achieving an international sustainability certification for the province's shrimp fishery, together with seven processing companies.
 
Maruha Nichiro Corporation
Nichirei Corporation -Headquarter-
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation -Wartsila Group Headquarter-
ITOCHU Corporation -Headquarter-
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd.
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
Blue Continent Products (Pty) Ltd - (Oceana Group Limited)
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods Inc. -Headquarter-
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO -Food and Agriculture Organization- Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Omega Protein Corporation -Headquarter-
Marona S.A.
Marine Harvest ASA - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
Mitsubishi Corporation Marine Products Depts. D.Team
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation -Headquarter-
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart / Wal-Mart Stores, Inc. (Supermarket) -Headquarter-
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
INVE Group - Head Office
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
Morpol ASA - Group Headquarters
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2018 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER