Local lobstermen fear repeat of glut, low prices

Lobstermen in Maine last year caught 123 million pounds of lobster, up 18 million from the year before, but worth $3.7 million less, Keliher said. No one knows if last June’s situation will repeat itself this year, he said. In 16 meetings Keliher has held along the Maine coast this January, lobstermen in other packed meeting rooms have told him something needs to be done should it happen again, he said. “We should do something,” he said. “We don’t know what that something is.” Read more here