Tag Archives: price of lobster
‘Our lobsters are gold plated now:’ Atlantic Canada lobster exports, prices soar
“Our lobsters are gold-plated now. Prices have been the highest in commercial history,” says Stewart Lamont, managing director of Tangier Lobster Co. Ltd, a live lobster exporter on Nova Scotia’s eastern shore. When the pandemic hit, export and restaurant industry demand plummeted. The shore price of lobster, the amount fishers get at the wharf from buyers, sunk as low as $4 a pound. “There was an initial glut of lobsters on the market at the start of the lockdown but then it spun back the other way,” says Colin Sproul, president of the Bay of Fundy Inshore Fishermen’s Association. >click to read< 16:47
Lobster: Don’t put us in same pot
FOREWARD: The spring fishers of P.E.I. include over 1,000 fleets from Tignish to East Point to Victoria. We are grateful for the support of local businesses and the general public who purchase our cold-water lobster each year. As with all goods and services, prices of lobster also fluctuate. However, one thing remains constant: Spring-caught lobster are hands-down the best quality lobster in North America, and when it comes to annual prices, the bar should be set by the highest quality product. We acknowledge that several factors also affect the price of lobster, such as CAD value, supply and demand. Our two articles are meant to provide clarity on the varying costs of P.E.I. lobster. Following is Part 1. >click to read<10:28
