Lobster prices are through the roof!
As the country reopens post-pandemic, increased demand for lobster and a squeezed supply caused by a state ban on lobstering to protect right whales has resulted in a price spike of about 60% per live lobster. “If there’s no lobsters coming in, then the demand isn’t being met. Those are the cards,” said South Shore Lobsterman Association President John Haverland. According to business publisher Urner Barry, the retail price of a live, one-and-a-half-pound lobster increased from $5.47 a year ago to $9.05 on June 7 this year. >click to read< 08:41
Prices on lobsters ,certain times of the year lobster landings increase and in the winter the bad weather may push up the price ,and when there’s a clout prices go down In any event the demand increase every year which is good for the lobstermen. Tanks Sam