Lobster landings down, shore price record-setting for opening week

Shore prices were record-setting for the opening week of the commercial lobster fishery in southwestern Nova Scotia, going from $6 to $6.25 per pound on the first landing day (Dec. 2) to $8 by Friday (Dec. 7), but on the bad side the prices were driven by an estimated 30 to 40 per cent decrease in lobster landings compared to the same timeframe last year. “The price is phenomenal,” said Lockeport buyer Mike Cotter, owner of Cotter’s Ocean Products Inc. “It’s unreal. It opened at $6, $6.25 and now today it’s $8. That’s a big price.” >click to read<10:26

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