National Fisherman

Lobsters prices are 30% higher than they were last year -- so expensive, in fact, that many restaurants are dropping the tasty dish from their menus, according to trade publication Nation's Restaurant News.

Late winter storms interfered with catches over the past few weeks, constraining supplies. Canadian lobsters are fetching between $9.50 and $10.50 per pound in Massachusetts, the center of the industry, versus $6.50 to $7.25 per pound a year ago, the website says.

"I've never seen it this high," Bill Adler, the executive director of the Massachusetts Lobsterman's Association, told NRN.

Read the full story at MSN Money>>

Inside the Industry

The Northeast Fisheries Science Center has announced that Dr. Jon Hare has been selected to serve as the permanent science and research director effective Oct. 31.

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It’s no secret that fraud is a problem in the seafood industry. Oceana repeatedly touts a mislabeling epidemic. While their method has been criticized, the perception of rampant fraud  has been established.

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