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a week after the start of fishing in Canada's largest lobster producing region (LFA34).
Southwest Nova Scotia terminal prices rose from CAD 7.
00/lb to CAD 8.
00/lb, but remained lower than CAD 9.
50-10.
50/lb
in the same period last year.
According to the Cold-Water Lobster Association (CLA), the price increase is linked to lower production and weather conditions, with fishermen reporting a 25% reduction in shrimp cage catch (compared to usual) in LFA34 in recent days, and a 30-40%
drop in some fishermen's production.
drop in some fishermen's production.
CLA executive director Heather Mulock told UCN that it remains to be seen what exactly will happen because the harvest will last until May 31 next year, and it may be too early
to tell.
Last year, LFA33 production was 7,452 tonnes and LFA34 production was 20,594 tonnes, the combined production of 28,046 tonnes, or about 30% of Canada's total production (102,530 tonnes
).
to tell.
Last year, LFA33 production was 7,452 tonnes and LFA34 production was 20,594 tonnes, the combined production of 28,046 tonnes, or about 30% of Canada's total production (102,530 tonnes
).
The Canadian industry has mixed accounts for the reduction in lobster production
.
One said that this year's shelling period came late, and many lobsters were still hiding in stone crevices and did not enter the shrimp cages
.
Mulock said that based on the latest research and blood tests, the lobsters caught in the LFA34 area have just been shelled
.
.
One said that this year's shelling period came late, and many lobsters were still hiding in stone crevices and did not enter the shrimp cages
.
Mulock said that based on the latest research and blood tests, the lobsters caught in the LFA34 area have just been shelled
.
Another theory is that the weather conditions are worse and lobsters will choose to hide
.
"Hopefully, the weather will improve in the spring and the catch will improve, but weather problems are not guaranteed
," Mulock said.
”
.
"Hopefully, the weather will improve in the spring and the catch will improve, but weather problems are not guaranteed
," Mulock said.
”
The reality is that bad weather can also affect fishing activities
.
Environment Canada predicts that the sea surface wind will reach 25-30 knots local time from Thursday night to Friday night, the wave height will be 2-3 meters, the temperature near Nova Scotia will drop to 4 degrees Celsius, and rain is expected throughout Friday
.
.
Environment Canada predicts that the sea surface wind will reach 25-30 knots local time from Thursday night to Friday night, the wave height will be 2-3 meters, the temperature near Nova Scotia will drop to 4 degrees Celsius, and rain is expected throughout Friday
.
Mulock said the weather is changing every day, offshore vessels will experience more windy weather, sea conditions are not very good, and some ships may not go out to sea
for the next few days.
for the next few days.
In addition to this, LFA34 fishermen face many other difficulties
.
Local diesel prices rose to CAD 2.
10/L, double last year's; Russian prices also increased by 25% compared with last year, with herring Russian rising to CAD 1.
35/lb, sea bream Russian rising to CAD 1.
30-1.
40/lb, red fish head rising to CAD 1.
25-1.
40/lb, and haddock scraps rising to CAD 1.
25/lb
.
Mulock said each shrimp cage uses 1-1.
5lb bait, with a fishing boat dropping up to 375 shrimp cages
at a time.
.
Local diesel prices rose to CAD 2.
10/L, double last year's; Russian prices also increased by 25% compared with last year, with herring Russian rising to CAD 1.
35/lb, sea bream Russian rising to CAD 1.
30-1.
40/lb, red fish head rising to CAD 1.
25-1.
40/lb, and haddock scraps rising to CAD 1.
25/lb
.
Mulock said each shrimp cage uses 1-1.
5lb bait, with a fishing boat dropping up to 375 shrimp cages
at a time.
Mulock also mentioned that because the loan interest rate is rising, the captain will have to pay more interest on the boat, "There are rumors that if the price of lobster does not rise, the captains may consider suspending fishing activities in January and February, and the high operating costs are not affordable for everyone
.
" Fortunately, terminal prices recovered on Thursday
.
”
.
" Fortunately, terminal prices recovered on Thursday
.
”
Mulock noted that as long as the losses are not too large, many captains will still choose to go to sea to ensure the livelihood of the crew, at least
.
If lobster prices fall as production rises, their attitudes may change
again.
.
If lobster prices fall as production rises, their attitudes may change
again.
