Tag Archives: high lobster prices
High lobster prices could be a sign of things to come for P.E.I.’s spring fishery
The cost of the crustaceans in most stores is higher than normal for this time of year, running anywhere from $20 to $26 per pound. Most of the lobster caught last year and stored on the Island has already been sold, and fewer boats take part in the winter fishing season in nearby New Brunswick and Nova Scotia. Charlie McGeoghegan, chair of the Lobster Fishers of P.E.I. Marketing Board, said there are only 2,500 boats on the water in Canada right now, compared to 7,000-plus during the spring season. “The boat prices are anywhere from $16.50 to $17.25 — [that’s] what we’re hearing.” more, >>click to read<< 06:50
Fishermen in Atlantic Canada cash in on high lobster prices
When 50-year-old lobster fisherman Albert Sampson wrapped up the season a few weeks ago, he was pretty pleased with the results. During an intense two month season working 12- to 14-hour days, six days a week, in the high winds off the southeast coast of Cape Breton Island, he and his crew of two deckhands brought in $500,000-worth of lobster. This year, Mr. Sampson got an average price of $8 a pound for his catch, after averaging about $5.75 to $6 a pound last year. I think its been a banner season price-wise for anybody in the Maritimes, says Mr. Sampson, who has been fishing lobster for 20 years. I hope it stays the same next season. Mr. Sampson is one of thousands of lobster fishermen across Atlantic Canada who have benefited from high lobster prices in 2016. In a region where jobs can be hard to come by, especially in rural areas where the majority of lobster fishermen live and fish out of, the increase in lobster prices is welcome news. Read the story here 09:09
