News |
Scallops Ride to Rescue |
|
Scallops account for New Bedford's status as the largest U.S. commercial fishing port in terms of value at $249 million in 2009, according to the latest federal fishery statistics. And scallops, unlike lobster, have proven remarkably recession proof with prices rising steadily through the downturn even as the amount caught held relatively steady. The wholesale price for a pound of the U.S. sea mollusk is $11.20, 41% higher than in November 2007.
U.S. fishermen say the weak dollar makes the famously meaty scallops that thrive in the northern Atlantic more affordable. Read the complete story from The Wall Street Journal.
|
|||
|
|
||
JESSICA HATHAWAY: 'National Fisherman' editor says New York Times misrepresented catch share support
May 18, 2012 - The New York Times heralds catch shares for saving summer flounder and Northeast haddock, which is like crediting a freshman class for the seniors' high college placement rate. By the same token, we could blame catch shares for the demise of Northeast cod stocks. But we don't.
