Aquatic/Fishing Industry Snapshot

Lobster

• Catch has reportedly been good for most lobstermen. Profitability has generally been good, with stable pricing. 

Scallops

• The scallop industry has seen a positive turnaround since last year. Their catch has been strong, particularly in some formerly closed fishing areas that have recently been opened. Pricing has also been favorable, averaging over $17 across all sizes. 

Groundfish

• Pricing and catch has been stable over the prior year. Quota measures from NOAA have decreased catch limits in a few sectors while others remain flat year over year. Haddock, in particular, had the catch quota reduced.