Of 10 key species studied by NOAA, only American lobster dropped in price from 2003 through 2012.

 

It’s a tale well known in Maine: Lobster prices have tanked over the past decade as the harvest has surged.

 

Among 10 key species that the National Oceanic and Atmospheric Administration examined, only American lobster dropped in price from 2003 through 2012, according to a report released Tuesday.

 

Commercial fishermen in the United States harvested 9.6 billion pounds of fish and shellfish in 2012, earning $5.1 billion. Sea scallops, shrimp, Pacific salmon and American lobster contributed the most to total revenue.

 

The greatest increase in landings from 2003 to 2012 was in lobster. The catch more than doubled nationally, to more than 149.5 million pounds. Nationally, the price of lobster fell 27.5 percent, from an average of $3.96 a pound in 2003 to an average of $2.87 a pound in 2012, the report said.

 

Read the full story at the Portland Press Herald>>


Have you listened to this article via the audio player?

If so, send us your feedback around what we can do to improve this feature or further develop it. If not, check it out and let us know what you think via email or on social media.

A collection of stories from guest authors.

Join the Conversation