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How a national craze caused lobster prices to boil over

October 26th, 2016 — Your next fresh lobster dinner, drizzled in butter and lemon, might crack your budget.

Restaurants are having to fork over more money this year to get their hands on prized Maine lobsters, and that means your dinner bill could soar to $60 a plate. Blame robust demand.

The coast-to-coast craze of lobster roll food trucks has made lobster more affordable, and abroad the appetite for the crustaceans is growing as well, experts say.

“The demand for this product now is really unprecedented,” said Annie Tselikis, marketing director for Maine Coast Co., a live lobster wholesaler based in York, Maine. She spoke Monday just before boarding a flight for a seafood trade show in South Korea, a major customer of North American lobsters along with China and others.

Live lobster prices on a wholesale basis reached $8.50 for a 1.25-pound hard-shell lobster in August, the highest level in a decade, according to Urner Barry, a leading seafood price tracker and a partner in Seafood News.

You’d have to go back to 2008 for the last time lobsters were even above $5 for this time of year, said John Sackton, editor and publisher of Seafood News. Since that time they’ve fluctuated between $3.90 and $4.85 until this year when they’re up again over $7.

“Lobster demand usually follows the stock market and general economy,” said Bob Bayer, director of the Lobster Institute at the University of Maine. “When the economy is good, lobster demand is good.”

Read the full story at CNBC

Are Maine lobsters invading Europe? Even among Swedes, not everyone’s buying it

April 11, 2016 — There’s a bounty on the head of any Maine lobster found in Scandinavian waters.

Homarus americanus is a parasite-carrying, disease-spreading invasive alien threatening to breed infertile hybrids and destroy the local species.

That’s the view of researchers and politicians in Sweden, where Maine’s biggest export product is a feared intruder. Swedish officials describe a race against time to stop the invasion as they try to convince the 28-member European Union to halt all imports of the North American lobster, a move that could cost Maine lobstermen almost $11 million a year.

But some European chefs, whose patrons value the meaty North American crustacean over its tiny European cousin, say such a ban is premature and would have dire consequences for their establishments.

Sweden has been sounding the alarm since 2008, when a trawler first netted three North American lobsters with rubber bands on their claws off its west coast. Since then, 32 North American lobsters have been caught in Swedish waters, a sign they had been released into the ocean or escaped despite national prohibitions to hold American lobsters in net cages. Most of them have been caught in the Gullmar Fjord, causing increasing alarm among researchers at the Department for Aquatic Resources in the Swedish city of Lysekil.

Read the full story at the Portland Press Herald

Battle is on to preserve lobster shipments from Maine to Europe

March 29, 2016 — PORTLAND, Maine — The lobster fishing and export industries and Maine’s congressional delegation are moving swiftly to pressure the European Union not to approve a Swedish proposal to list the American lobster as an invasive species.

Such a listing would effectively ban 28 member nations from importing live American lobster, also known as Maine lobster, from the United States and Canada, and could cost U.S. lobster fishermen and exporters $150 million a year, including about $10.6 million in Maine.

Maine’s congressional delegation sent letters Monday to Secretary of State John Kerry, U.S. Trade Representative Michael Froman and NOAA Administrator Dr. Kathryn Sullivan, calling on them to protest the proposed change in EU trade rules that have worked around the globe for decades.

“We urge you to engage in immediate efforts to ensure the continuation of safe and responsible import of live Maine lobsters, consistent with the EU’s World Trade Organization obligations,” wrote Sens. Susan Collins and Angus King and U.S. Reps. Chellie Pingree and Bruce Poliquin. “Since only a small number of Maine lobsters have been found in foreign waters, we believe regulators should take a more finely tuned approach before calling this an ‘invasion.’ ”

Read the full story at the Portland Herald Press

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