Strength of Frozen Lobster Means We Survive the Summer
Two things have combined to help both the snow crab and lobster fisheries avoid the worst-case scenarios that were feared back in April.
First, government stimulus programs and employment benefits have protected consumer spending to a large extent. And what people are not spending going out, they are spending on the seafood they crave when they see it priced aggressively at retail.
So, we have the strongest snow crab market seen in years and we have a good recovery of interest in frozen ...