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November 8, 2016

Rebound seen for popular lobster bait fishery

Commercial fishermen can breathe a sigh a relief, as interstate fishing regulators say that the population of menhaden, a fish only topped by herring as the most popular type of bait for Maine's lobster industry, continues to be healthy.

According to the Associated Press, the Atlantic States Marine Fisheries Commission is reporting that menhaden fishery isn’t experiencing overfishing and continues to reproduce at a healthy rate. Atlantic Menhaden Board Chairman Robert Ballou added that the healthy population levels will give regulators a chance to reevaluate how to manage the fishery, which is typically worth more than $100 million annually, the AP reported.

The good news about the menhaden population comes on the heels of Maine’s menhaden fishery being closed by regulators for a week and a half in August, following reports that the annual landings quota for Maine, Rhode Island and New York, had been exceeded.

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