Lobster prices hit all-time high

Lobster prices have hit an all-time high this year, with a kilo of the delicacy now costing up to $100 in some restaurants. The price increase is due to a combination of low supplies and high demand, as well as continued growth in the popularity of lobster as a luxury food item.

While lobster is most commonly eaten in North America, it is also popular in Europe, where it has been considered a delicacy for centuries. The taste and texture of lobster meat makes it a particularly sought-after ingredient, and its relatively low price compared to other luxury seafood items means that it is becoming increasingly popular among wealthy diners.

While there are challenges associated with the high cost of lobster, such as making it unaffordable for many people, the continued growth in its popularity is likely to ensure that prices remain high for the foreseeable future. Restaurants and seafood retailers that can offer good value for money will be the most successful in meeting the needs of consumers, while those that try to charge too much could see their customers switch to cheaper alternatives.

Lobster industry braces for Trump tariffs

The lobster industry, a mainstay of the Maine economy, is bracing for heavy tariffs on exports to China, which could devastate the industry.

Maine exported $128 million worth of lobster to China in 2016, but that could fall by as much as 50 percent if the Trump administration follows through with its proposed tariffs.

The tariffs are in response to Chinese steel and aluminum imports that the Trump administration says are harming US industries.

Lobster industry representatives say they understand the need for trade enforcement, but they worry that the tariffs will be too severe and will hurt their businesses.

They are calling on the Trump administration to consider a more targeted approach that would minimize the impact on the lobster industry.

Lobster traps lost in storm surge could spell disaster for fishery

Lobster traps lost in Thursday's storm surge could spell disaster for the fishery, said state officials.

"The Maine lobster trap fishery is a $50 million industry, and so if there's any loss at all it would be significant," said Jeff Nichols, spokesman for the Maine Department of Marine Resources.

Most of the traps are likely still out there somewhere, he said. But it will likely take time and money to find them, and in the meantime fishermen may have to dip into their winter catch to make up for lost revenue.

Nichols couldn't estimate how many traps were lost, but he said the number was likely in the thousands.

The traps that ended up on shoreline can be salvaged and put back in the water, but those that are lost at sea will likely never be found, he said.

Many of the lobstermen who lost traps are also clam diggers, so they have some income coming in this winter from that fishery, Nichols said. But without their normal lobster catch, they'll likely need to find other ways to make ends meet.

Lobstermen fear climate change will make their catches smaller

PORTLAND, Maine (AP) — Lobstermen off the coast of Maine say they're noticing fewer and smaller catches, and they fear it's because of climate change.

The Gulf of Maine is warming faster than almost any other body of water on Earth, and that could be bad news for lobstermen.

The Atlantic States Marine Fisheries Commission says the lobster population in the gulf has declined by about two-thirds since the late 1990s.

The lobster bisque is back on the menu

The lobster bisque is a classic French soup, made with a rich lobster broth and chunks of lobster meat. The bisque is velvety smooth, and has a wonderfully buttery and creamy flavor.

This luxurious soup was once a favorite of French kings and queens, and it's easy to see why. The delicate flavor of lobster pairs perfectly with the richness of the bisque, making for a soup that is both elegant and delicious.

If you're looking for a special dish to impress your guests, look no further than the lobster bisque. This soup is sure to wow them with its exquisite flavor and impressive presentation. So why not give it a try? You'll be glad you did.