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   Lower Herring Quotas Squeeze Lobster Trade
by Stephen Rappaport, Ellsworth American
Posted: Friday, October 19, 2018 at 3:36PM EDT

DEER ISLE — Nothing new, but for the fishing industry nothing is as constant as change.

Last year, according to the Department of Marine Resources, lobster was Maine’s most valuable fishery with landings of 110,819,760 pounds — the sixth highest ever — worth some $450,799,283.

Despite all the talk about high value species such as scallops and elvers, according to DMR herring were the state’s second most valuable commercial fishery in 2017.

Herring boats like the Sunlight and the Starlight owned by the O’Hara Corp. in Rockland or the Portland-based trawler Providian landed some 66,453,073 pounds of herring worth about $17.9 million at a record price of 27 cents per pound.

To read the rest of the story, please go to: Ellsworth American


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