Scallop Prices to Skyrocket in 2012
The Associated Press reports that Maine's sea scallop fishermen are expecting their haul to be worth upwards of $10 a pound this season, which could mean record high prices. Harvesters, out recently on the first day of the Maine scallop season, December 17, see an upcoming season where demand is higher than ever, yet supply is low. The tsunami in Japan has meant less production from one of the leading scallop-producing nations, and a weak dollar will lead to significant international demand.
Maine's fishermen are also aided by increased conservation efforts over the past few years. There are areas of noticeable improvement along the coast where the scallop population has increased up to five-fold. Read the full story at the Washington Post.