As popular as Maine lobster is, fans of the delicacy might be surprised at how limited their options are. That's going to change come July 1.
Tens of millions of pounds of Maine-caught lobster are shipped each year to Canada, where they are turned into value-added products that can be processed there — but not in Maine. A new law taking effect this summer aims to even out the playing field for processors and marketers.
"This will allow Maine processors to add value to lobster products, produce what the market expects and be more competitive in national and international markets," said Emily Lane, a sales and marketing representative at Portland Shellfish Co. Inc.
To read the rest of this story, please go to: Bloomberg.