Tag Archives: export market grows

Lobster prices climbing as export market grows

While consumers may not like the high cost of lobster, it is good news for lobster fishermen like Clinton Pendleton. He fishes with his father and grandfather from Deer Island, N.B., in the Bay of Fundy. Pendleton said recent cold temperatures are driving down landings because lobsters don’t feed when it’s too cold. That means they don’t crawl into the baited traps. “This year, compared to recent years, I don’t remember anytime in June when you were able to see your breath all day long,” he said. Cold weather and high demand have driven the price up and kept it there this season.  click here to read the story 21:25