Digby lobster prices hold at $4.75/pound – Industry has high hopes for demand in Asia

Lobster prices are hovering at about $4.75 per pound at the wharf in the Digby area after a short-lived upward spike last week, an industry observer said Thursday. There were some initial reports the crustacean was fetching between $5.25 and $5.50 per pound in the Bay of Fundy area when that lobster district opened last week. “But that was due to an initial pent-up demand linked to circumstances in the Maine and New England lobster fishery,” Read the rest here 08:32