In the News

Fish Talk in the News – Friday, May 12

Fishing vessels in Port Judith, RI. Image via GARFO.

  • NOAA Fisheries released the 2015 Fisheries Economics of the United States. Combining commercial and recreational fishing, US fisheries generated nearly $208 billion in sales in 2015 with commercial fisheries contributing $144.2 billion. Fisheries support 1.6 million jobs and added almost $97 billion to the GDP. Massachusetts was ranked third for total sales generated by the seafood industry at $7.3 billion. Read more about the New England region here.
  • ASMFC voted on new rules to help protect Atlantic herring populations and prevent another lobster bait shortage. The goal of the new rule, which includes a weekly limit on catch, is to extend the quota over a longer time period by spacing out the catch.
  • ASMFC also approved new measures to help save Southern New England lobster The Commission is moving forward with the goal of increasing egg production by 5 percent. To get there, the Commission is considering changes in gauge size, trap reduction, and seasonal closures. Area specific proposals now need to be developed.
  • Kelp farming is a growing industry in the Northeast, providing additional economic opportunity and helping the environment. Paul Dobbins, president of Ocean Approved, told WCAI that there is an increased demand for domestically produced seaweed. The kelp also helps improve water quality by absorbing carbon dioxide from the water, according to a scientist from Bigelow Laboratory.
  • The price of lobster is high with many restaurants asking for over $20 per lobster roll. Bangor Daily News reports that prices are high because of the current low supply of fresh lobster compared to five years ago when supply was huge and prices plummeted. Regardless of price, demand is still high and people are paying, both in the US and abroad. The higher prices do however present a difficulty for smaller businesses wanting to sell the famed crustacean.

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