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

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