Tag Archives: lobster pricing

Price plunge: P.E.I. lobster fishermen say they’re losing $2/lb

Some P.E.I. lobster fishermen say they were told Thursday they would get $4.50 a pound for market lobster and $4 a pound for canners — a $2 drop. New Brunswick lobster fisherman received similar news, which led a number of fisherman to tie up their boats in protest. Shelton Barlow fishes lobster out of Howard’s Cove, P.E.I., and when he heard of the lobster pricing Thursday he couldn’t believe it. In his 40 years of fishing, Barlow said, this quick price drop is the worst he’s ever seen. click here to read the story 10:44