Tag Archives: lower-than-expected prices

Something smells

Prince Edward Island and northern Nova Scotia fishermen are scratching their heads in bewilderment these days over lower-than-expected prices for spring lobster. At the halfway point in the season, it’s well past time for some straight answers from buyers, processors and shippers. All market factors heading into the May 1 opening indicated a strong season for prices, certainly matching, if not surpassing, 2017. Yet, the latest fish price report indicates otherwise. The price per pound for canner lobster ranges between $5 and $5.50, while markets are fetching $6 to $6.50. That’s a $1 drop since opening day and about $1 less than last year — comparable with prices paid in 2002. >click to read<17:44