U.S. lobster catch keeps dropping as warmer waters prompt migration

Maine's lobster industry faces a declining catch, dropping to its lowest in 15 years in 2024, despite high prices and strong demand. Severe storms significantly impacted the 2024 harvest, contributing to the reduced yield. Despite the lower catch, the industry's overall economic value remained high, exceeding $528 million. The decline is attributed partly to a northward migration of lobsters due to warming oceans and a decrease in juvenile lobster populations. Climate change poses a significant threat, prompting investment in resilient infrastructure. New tariffs on Canadian lobster could further disrupt the industry. Potential stricter regulations to protect North Atlantic right whales also present a challenge. Maine's dominance in the US lobster industry makes its struggles indicative of the broader sector's health. The future of the industry depends on addressing these environmental and economic pressures. The state is actively working to mitigate the impact of climate change and protect the industry's future.