Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (145765)	9/11/2014 6:44:38 PM
From: pcstel	Read Replies (2) \| Respond to of 149317

<People do not understand the importance of frequency. I expect this to continue. The Maine lobster populations are plummeting as waters warm and lobsters move north < In Maine, More Lobsters Than They Know What to Do With Published: July 28, 2012 STONINGTON, Me. — Lobsters are flooding the market here. A combination of warm weather and good conservation techniques has led to what could end up being a record lobster harvest across Maine waters. The glut is particularly noticeable here in Stonington, a fishing village on an archipelago by the Atlantic Ocean that has more lobster “landings,” or catches, than anywhere in the state. But the bounty has come with a downside for fishermen. A relatively warm winter prompted soft-shell lobsters to appear in June, about a month early, and their abundance turned into an overabundance. That caused a huge backup in the sea-to-table supply chain. And for the fishermen, the law of supply and demand has forced the price down to a 40-year low. At one lobster cooperative here, the price that fishermen received for lobster last week fell to $1.35 per pound (plus a 70-cent dividend per pound, to be paid later in the year), down from about $3.80, and in some cases $4, at the same time last year. *********************************************** I fully expect you to inform me that I have somehow inadvertently.. "Proved you point that Lobster Populations are plummeting because there are so many of them, that the price has plummeted. Or perhaps you were actually trying to say that due to the warming waters and changing weather patterns. That "Maine Lobster Prices are plummeting"? Not their populations? Yes, maybe that was it..... And so it goes, PCSTEL