Please do not leave this page until complete. This can take a few moments.
As Maine and New England become home to more lobster processing facilities with each passing year, consumers of the crustacean could see dropping prices as lobstermen are increasingly selling their hauls to local processing facilities than to facilities located in Canada’s Maritime Provinces.
The potential drop in prices by selling lobsters to local processing facilities is due to the comparatively high costs of shipping the crustacean to locations outside of New England, a cost that has traditionally been passed on to consumers, according to The Boston Globe.
The growth of local processing facilities is also important to the branding of processed lobster products, as branding them as local to New England could be a selling point to consumers.
Industry analysts also attribute the drop in lobster exports to Canadian facilities to other factors, including the recent record-setting hauls and the weak Canadian dollar.
Maine has seen a recent boom in growth for lobster processing facilities. In 2010 the state was home to only five companies and as of 2013 that has tripled. Some 20 million pounds of meat was processed that year. Nationally, America exported about 69 million pounds of lobster to Canada in 2014, but according to federal data, that had dropped to 67 million pounds in 2015.
Read more
From trap to plate, Maine lobster distribution is a complex system
Lobster industry focuses on marketing
Lobster Tough LLC makes bandages using lobster waste
Study says Northeast fisheries threatened by climate change
Licensing changes met with opposition by some veteran lobstermen
Opponents outnumber supporters of new lobstering proposal at hearing
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreFew people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
Comments