Tag Archives: Lobster Marketing Board
Low prices, low catch wraps up P.E.I. spring lobster season
With global demand and lobster prices reaching record highs in Nova Scotia in the weeks leading up to P.E.I.’s spring season – around $17.50-18.50 a pound – many Island fishers were looking forward to a promising start to their season. “Typically, it drops a bit before we start because there are more boats in the water at that time, so we didn’t expect anywhere near that price,” said Charlie McGeoghegan, chair of the Lobster Marketing Board. “However, we did expect to start off where we left off last spring, which was in the $11-12 range.” That combined with the price of fuel being double what it was and bait being up 30 per cent, we thought maybe once we get a few weeks in, the price will get better. That’s what it did last year.” Instead, the prices dropped again by another $1.50 a pound, said McGeoghegan. Photos,>click to read<– 09:14
Fisheries group wants PEI lobster marketed as Canadian product
The Eastern Kings Fishermen’s Association is determined to have PEI lobster marketed as a Canadian product rather than specifically Island sourced. The Lobster Marketing Board (LMB) is getting set to promote the sale of the PEI commodity through funds collected through the lobster levy. At the same time the Eastern Kings Fishermen’s Association (EKFA) is putting its support behind the Lobster Council of Canada (LLC), whose mandate is to promote the product regionally. Fishermen who attended Monday’s annual meeting of the EKFA unanimously agreed to make a $6,000 donation to the LCC and buy a membership into the organization, thus having the distinction of being the first PEI fishermen’s local organization to become a member. The motion, put forward by fisherman Michael MacDonald, was in part due to the concern fishermen have over PEIFA marketing PEI lobster on its own over the last couple of years under the Master Lobster Brand. Read the rest here 15:25
