Lobsters prices fall. Crates of crustaceans pile up on Cape Breton
There are so many lobsters ready for processing or live sale in some eastern Cape Breton harbours that they’re being stored temporarily in large flotillas of plastic crates. Some seafood buyers have stopped buying altogether and others are implementing daily limits on the amount of lobster they will buy. Fishermen worry the oversupply is driving down the price and while some in the industry say it could be a sign of longer term problems, one buyer says the backlog is evidence that lobster conservation efforts are working, and it will ease off in a couple of weeks. “Our processing facility is maximized daily, seven days a week and our holding facility is pretty darn full as of Saturday night,” said Osborne Burke, general manager of Victoria Co-operative Fisheries in New Haven, northern Cape Breton. more, >>CLICK TO READ<< 11:41
lobster for cape bretoners should be no more then 4 dollors a poud i would soner less