A glut of lobsters has driven down the price of the prized crustacean in the Maritimes, leaving fishermen scrambling for ways to prop up their earnings.
The lobster industry — worth about $580 million in the region — has been battered in recent years, with prices dropping by a third within the last three years.
Prices are hovering around $3 per pound, down from $4.50 per pound in 2009, according to the Lobster Council of Canada.
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National Fisherman Live is a web video series featuring the latest fishing news, product information and industry analysis by our editors. In this episode:
The South Atlantic Fishery Management Council is currently soliciting applicants for open advisory panel seats as well as applications from scientists interested in serving on its Scientific and Statistical Committee.
The North Carolina Fisheries Association (NCFA), a nonprofit trade association representing commercial fishermen, seafood dealers and processors, recently announced a new leadership team. Incorporated in 1952, its administrative office is in Bayboro, N.C.