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Analysis

North American lobster prices soar at US docks, in wholesale

'We're not very far from the peaks that we observed in 2021, at the height of the pandemic, and I don't know, it doesn't feel like an economy that is comparable to 2021' -- Nat Richard, Lobster Processors Association

By Jason Huffman | Oct. 3, 2024 14:57 BST
A seagull greets visitors to Stonington, Maine, the US’ lobster capital, in a small municipal parking lot. Photograph by Jason Huffman.
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A combination of low landings in the US state of Maine and increasing demand is driving a continuous increase in the prices for North American lobster both at the docks and in wholesale, Undercurrent News has learned [...]

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