Tag Archives: Tangier Lobster

Lobster prices at the wharf hit $18 a pound in Nova Scotia

Low catches, low inventory and strong demand are driving the price increase in lobster fishing areas from Halifax to Digby. “It’s surprising, I don’t think anyone expected $18 a pound when the season opened,” said Heather Mulock of the Coldwater Lobster Association, which represents lobster fishermen in southwest Nova Scotia. “There were not a lot of catches and that is reflected in the price.” In Halifax, Sobeys is selling live lobster for $18.99 a pound. Buyer Stewart Lamont of Tangier Lobster fears the high price could bump the crustacean off restaurant menus. more, >>click to read<< 14:32

‘Looks like the worst spring in 25 years’: lobster prices, catches down as seasons wraps up in southwestern N.S.

Landings have been low all spring in Lobster Fishing Areas (LFAs) 33 and 34, which runs from Eastern Passage, Halifax County, to Burns Point Digby County, and includes all of Yarmouth and Shelburne counties. “Some people are down as much as 40 per cent. Some not as much. From the numbers I crunched it looks like on average we’re down 25 per cent over previous years, which sort of looks like the worst spring in 25 years,” says Dan Fleck, executive director of the Brazil Rock 33/34 Lobster Association. Cotter noted fishers in other recently opened LFAs in the Atlantic provinces are also experiencing low catches, bad weather and cold water temperatures. The shore price, which peaked at $13 a pound in the winter and early spring, plummeted to $8 in early May for LFA 33 and 34 fishers.  >click to read< 14:48

Low prices, high costs face southwest Nova Scotia lobster fishermen

As captains and crews wait for an opening in the weather to drop their gear off southwest Nova Scotia, they’ve also got other big worries: low prices for their catch and historically high costs. The price at the wharf is expected to be somewhere around $6 to $6.25 a pound, down nearly half from $11.25 on opening day for Lobster Fishing Area 34 last season. The neighbouring LFA 33, which runs from about Halifax to Cape Sable Island, opened earlier this week but weather has meant most captains there have only had the opportunity to haul their traps once. >click to read< 16:08

Canadian lobster to China hits another roadblock, demand a signed declaration live lobster is Coronavirus free

Canadian businesses that export lobster to China have run into another border roadblock. On Friday, Chinese importers started demanding a signed declaration that Canadian live and processed lobster is free of COVID-19 before it can enter China. “It’s a bold thing to ask and we as Canadian exporters should push back,” says Stewart Lamont of Tangier Lobster in Nova Scotia. His company flies lobster to mainland China. Lamont has refused to sign the declaration, which makes Canadian companies liable in the Chinese court system if there is a problem. >click to read< 18:52

Global Lobster Market Report 2020

The recently published market intelligence report on the Global Lobster Market offers an in-depth analysis of segments and sub-segments in the regional and international Lobster market. The research highlights underlying factors such as the impact of restraints, drivers, and macro indicators on the regional and global Lobster market over the short as well as long period of time. Through a detailed presentation of the data, valuable information of forecast, trends, and dollar values of global Lobster market is offered.  The Lobster industry has also suffered a certain impact, but still maintained a relatively optimistic growth,,, >click to read< 17:07

In a matter of days, N.S. lobster shipments drop ‘dramatically’ to China due to coronavirus

Exporter Stewart Lamont of Tangier Lobster said the sharp drop in lobster exports to China happened in a matter of days. “We’ve seen them diminish dramatically to the point that as of yesterday and today they’re almost non-existent,” he said.”There’s a recognition that the coronavirus is a significant health issue in mainland China. Under those circumstances, there aren’t the normal people in the shops and the restaurants and the cafés. >click to read< 14:37

Tangier Lobster against planned changes to Fisheries Act

Lamont, whose Eastern Shore company exports more than three million pounds of live lobster annually, said large volumes of salmon congested in open-net pens in the ocean inevitably contract lice, and the best treatment for those lice is pesticides. “Unfortunately, those pesticides are also lethal or can be lethal to wild fisheries, in particular, lobster larvae. The pesticides are just as lethal to lobster larvae as they are to lice on salmon.” Read the rest here 14:46