US, Chinese Demand Sends Maine Lobster Values to Record Levels as Landings Top 130 Million Lbs
SEAFOODNEWS.COM by Michael Ramsingh - March 3, 2017
The value of Maine lobster landings reached a record high in 2016 from unprecedented demand in US and Chinese markets.
According to data from Maine’s Department of Natural Resources, the value of the state’s lobster landings in 2016 topped $500 million. The figure was up nearly $30 million from 2015. The fishery is by far the most valuable marine resource in the state, accounting for about 75 percent of Maine’s total commercial marine resources.
Maine’s lobster landings in 2016 were also record-setting...
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