I’ve caught a few headlines online and blurbs on the radio about the unusually low price of lobster at this time of year. At first, I figured some environmental condition was the cause. Turns out I was partly wrong. After a little research, I learned about this fascinating lobster story that involves many different factors from changing consumer demands, to successful sustainable practices (maybe too successful) in the Gulf, to underutilized cod packaging plants in Canada, and even involves the collapsed Icelandic banking system.
Even if you’re not interested in lobster, this is a fascinating story about how interconnected the international markets really are.