What’s on a real roll? Demand for the Maine lobster

The demand for lobster is on a roll — often literally. And that is helping to keep the price that Maine lobstermen are getting for their catch near historic highs. The annual per-pound price first rose above $4 in 2004 and stayed there through 2007, then fell sharply during the recession. In 2015, annual price paid to Maine lobstermen reached $4.09 a pound, the first time it had topped the $4 mark since 2007. This year, dockside prices for lobster have been close to or above the $4 level throughout the summer and fall, when most lobster is caught and prices usually dip to reflect the ample supply. Isle au Haut lobsterman Payson Barter said that he has been getting prices this fall that are “about the same” as those in 2015. He sells his catch to Little Bay Lobster in Stonington for $4 to $5 per pound. He said the relatively warm water this fall has helped increase the number of lobsters close to shore but that the crustaceans are now making their seasonal migration farther out to sea. Read the rest here 09:29