Tag Archives: lobster prices up

A $49 lobster roll? A recent shortage has lobster prices soaring.

It’s no shell game: As the price per pound has skyrocketed over the last few months, the costs of lobster dishes on restaurant menus across the city have been off the charts as chefs have been looking to claw back some of the margins. A combination of lousy weather, international demand, and iced-over Canadian fisheries has created a shortage that has driven whole hard-shell lobster prices to as high as $15 a pound this spring, up from about $8 a pound last year.,, Federal permits mean that only 25 percent of Maine’s fleet can go out to the,, In Massachusetts, fishermen are getting $9 to $11 a pound off the boat right now, said Beth Casoni,>click to read<22:51

P.E.I. Fishermen’s Association: Lower catches and increased demand are driving lobster prices up

10-lobsters1P.E.I. lobster fishermen are getting about $1 more a pound this year than they did at this time last year. They are getting $5 a pound for canners and $5.75 for market lobsters. Craig Avery, president of the P.E.I. Fishermen’s Association, has heard rumours some fishermen are getting as much as $6 a pound for markets. On Wednesday, grocery stores in Charlottetown were selling live market lobsters from between $9 and $11 a pound. Lower catches and increased demand have driven the price up, he said. Much of the demand is coming from Asia and Europe. Avery credits fishermen, processors and government officials for working hard to promote Island lobster. Link 09:35