Lobster fishing is not profitable this year, fishermen explain
Rampant inflation and cooling markets are hitting Maritime lobster fishers hard. Six days after the start of fishing in the Northumberland Strait, some of them are receiving a price up to 40% lower than last year for their catch. A fishermen’s organization believes that this is not profitable. The atmosphere was not festive at the Cap-Pelé wharf on Tuesday afternoon. Fishermen have learned what price they will get for lobster this season: between $4.50 and $5 a pound. Last year at this time they were getting $7 a pound. We have prices, but it is not strong. They say it’s blocked everywhere, that lobster doesn’t sell, that’s the reason, explains Captain Guy Cormier. I take it one day at a time, we’re not dead today. >click to read< 07:50
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