Tag Archives: prices drop
Lobster and snow crab markets fall by as much as 65 per cent
While lobster and snow crab have long been two of the Maritimes’ most popular exports, new data suggests the markets are now falling short. At the wharf in Glace Bay, N.S., fishermen were getting about $7 a pound for lobster by season’s end and about $6 for snow crab. “It wasn’t a good year, lobster-wise or crab-wise for us,” said fishermen’s representative Herb Nash. At Louisbourg Seafoods, where lobster and snow crab have long been their biggest sellers, a record year last year gave way to a difficult 2022. “We were very optimistic coming into 2022 that we would see a replica of 2021, and that couldn’t have been further from what happened,” said Allan MacLean, a senior operations manager at the seafood business. Video, >click to read< 11:38
Nova Scotia: Lobster industry fears prolonged effects of coronavirus outbreak as exports halted, prices drop
A month ago, China appeared to be a land of endless opportunity for Nova Scotia’s $1-billion lobster industry, with fishers collecting record returns for their catches and exports to the Asian country growing to historic levels. Then, as travel restrictions and lockdowns in some cities were imposed in China in an effort to contain the virus, known as 2019-nCoV, lobster orders dried up almost overnight. The shore price, or price paid to lobster fishers for their catch, fell from a record high of $10.50 a pound to $8 a pound on Nova Scotia’s south shore last week, and is expected to keep falling. >click to read< 05:49
Cape Breton – Lobster prices drop for area fishermen
Cape Breton fishermen might be feeling the pinch of a recent drop in the price of lobster. The season for clawed crustaceans opened May 15 in the island’s largest lobster fishing area, which spans from Bay St. Lawrence to Fourchu. Marlene Brogan, manager of Ballast Ground Fisheries, said when the season opened the price of landed lobster was $6.50. On Friday, it dropped for some fishermen to $6, with the retail price coming in at $9.50 for live lobsters. >click to read<12:02
New South Wales: King Prawn prices drop as fishermen haul in record catches off Coffs Coast
Fishermen off the Coffs Coast in northern New South Wales are reporting record catches of the iconic eastern king prawn. The Coffs Harbour Fishermen’s Co-operative’s seafood operations manager Shane Geary said he had never seen anything like it. “The last week or two, it’s probably been the biggest I’ve seen it in the 26 years I’ve been at the fish co-op,” he said. “Leading up to the full moon, we had some big catches; some of the boats there, not last night but the night before, had up to two tonne in the one night. “That’s some pretty big catches.”He said stocks were plentiful and the weather had been ideal. “We’re really pumping out a lot of prawns at the moment, both regionally and into Sydney,” Mr Geary said. “The prices have been fantastic. We’ve been retailing for around about $18 which we haven’t done for quite a long time. Read the rest here 17:18
