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Lobster Prices on the Rise?

Jun 27, 2015

NECN: It may be summer, but Maine's lobster industry is still feeling the effects of last winter.

Ocean temperatures took so long to warm up after the winter, that lobsters are shedding later than usual, delaying the season and limiting the catch. The decrease in supply has increased prices.

Oceanographers predict the season will pick up in a few weeks, but it is later than in previous years.

"We're actually predicting we'll be about two weeks late, so that means we won't see the fishery start to pick up until later in July," said Oceanogapher Andrew Pershing of the Gulf of Maine Research Institute.