Tag Archives: fisherman Lucas Lesperance

Rising fuel, bait prices could eat into profit margins

Lobster fishers have had to contend with the rising costs of doing business for years, but this season presents a set of circumstances perhaps without compare. Fuel prices are higher than they’ve ever been on PEI and that will have a direct impact on fishers, especially the ones who sail further out from shore. Throw in rising bait prices driven by quotas and feeding predators, and insurance costs, and it could take a sizable big bite out of profit margins. “It’s going to be different from last year for sure. The cost of everything is going up,” said Naufrage lobster fisherman Lucas Lesperance. He hopes those pressures will create a strong price throughout the season.  Mr Lesperance said seals are becoming more of a nuisance than ever, chowing down on bait species like herring and mackerel. A seal hunt would certainly help, he said. >click to read< 10:07

Buyers setting catch limits, processors struggle with labour shortages, ‘Lots of lobster, but we can’t bring them in’

“Pretty good catches so far. But almost everybody’s on a quota right now,” said Gerard Whalen, a long-time fisherman in Naufrage in eastern P.E.I. “We’re seeing lots of lobster, but we can’t bring them in.” “We just can’t get rid of them,” added Lucas Lesperance, who docks a few boats down from Whalen. Lesperance said he’s pulled up about 1,000 pounds of lobster some days, but his buyer has only been accepting 600-700 pounds.  According to P.E.I.’s Seafood Processors Association, that is the big problem across the industry. Executive director Jerry Gavin said Island processing plants — which rely heavily on temporary foreign workers — are about 200 workers short this season. >click to read< 17:23