The demand for frozen lobsters in North America is surging, leading to a significant increase in prices. The end of the Canadian spring fishing season has limited the supply of hard-shell lobsters, and the focus has shifted to Maine. However, this year's catch in Maine is about 25% lower than last year, further exacerbating the shortage and driving prices up. Canadian processing plants may also stop processing lobster tails and lobster meat in winter due to high raw material costs, adding to the concerns. As a result, prices for hard-shell and new shell lobsters, as well as frozen lobster tails and lobster meat, have all increased. These trends are expected to continue as demand remains strong and supplies remain tight in Canada and Maine.