Tag Archives: supply and demand?

Are seafood wholesalers filling their pockets?

Where are the huge profits of seafood wholesalers going? Or the difference between the price paid to fishermen and the price charged to consumers, for example for crab and lobster? “It’s never easy to say who is pocketing the profits,” immediately replies Jean Côté, biologist and scientific director of the Association of Professional Fishermen of Southern Gaspésie. There are cases where there are no “staggering profits”, he insists. For example, Mr. Côté recalls that at the start of the lobster fishing season, the fisherman received $8 per pound for his catch and his displayed price in the supermarket was $8.77. >click to read< 10:41

Nova Scotia: Nervous days for the lobster fleet

A pair of websites perpetually run on the computer of Stewart Lamont, managing director of Pleasant Harbour’s Tangier Lobster Co., who had a lot on his mind when I called Tuesday. Environment Canada, naturally, is one of the sites he constantly monitors. Lately the offshore winds, which, if overly strong, could disrupt the provincial lobster fishery that opened on Dec. 2, have been relatively tame. The issue, he explained over the telephone, is water temperature. At the critical mid-shore distance, five or six hours from land, the water Tuesday was less than 4 C, which he calls “an almost unfathomable drop” from around 11 C a year ago. >click to read<10:16

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

Too much lobster a problem for Northumberland Strait fishery

863a4ac9dc_64635696_o2Uncertainty swirled around the lobster fishing industry again Tuesday as the old issue of supply and demand came into play. Read more here 09:11