Tag Archives: reduced markets

Lower prices, reduced markets ‘doesn’t make for good math’ – P.E.I. fishermen ask for four day season extension

The P.E.I. Fishermen’s Association (PEIFA) has asked for a four-day extension to the spring lobster season. The PEIFA made the request to the federal fisheries minister and the Department of Fisheries and Oceans (DFO) on June 16 to help offset the delayed start to the season. The season started two weeks late because of coronavirus and concerns over the safety of crews on boats, and questions over the demand and markets for lobster. According to the P.E.I. Lobster Marketing Board, about 200 fishermen have been dealing with quotas for most of the season, and prices are down substantially this year — most fishermen have been getting between $3.50 and $4.50 a pound for their catch.  >click to read< 21:57