U.S and Canadian lobster exports soar

Maine and Canadian lobstermen are receiving a higher value for their catch, with growth from emerging markets. The increased value of the product is attributed to steadily climbing demand for lobster not only in the United States but also in China, Japan, Hong Kong, South Korea, Belgium, France and other countries.

In Maine, the catch soared to an overall value of USD 456,933,346 (EUR 407, 921, 569) in 2014, with dealers paying harvesters USD 3.69 (EUR 3.33) a pound on average, a hike of 79 cen…


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