A year after record-breaking catch, value of Maine lobster landings are lowest in a decade

Maine lobstermen hauled in the least valuable lobster catch in a decade last year, when a decrease in price per pound and higher operational costs gave them less incentive to get out on the water. The $389 million haul, a 47% drop from 2021’s record-shattering catch,,, The size of the haul, 98 million pounds, was nearly identical to the 10-year low hit in 2020, when lobstermen also scaled back operations, then because of the closure of traditional markets as a result of the pandemic. Kristan Porter, a lobsterman from Cutler and president of the Maine Lobstermen’s Association, laid the blame for the drop in price per pound squarely on the economy. >click to read< 11:06

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