Maritime fishers raise concerns over low lobster prices as spring season begins
Fishers with the Maritime Fishermen’s Union (MFU) are heading to sea under pressure this spring, as rumours swirl of lobster buyers offering prices far below what they consider sustainable. The MFU says the reported opening offers of $6 to $6.50 per pound echo rates from more than a decade ago, even though operating costs have risen significantly since the pandemic. “Operating costs for a fishing enterprise today are not what they were before the pandemic,” said Martin Mallet, MFU Executive Director. “A reasonable minimum price for lobster today must take into account these increases, which have risen by 25 to 50 percent depending on the fishing enterprise.” more, >>CLICK TO READ<< 0859
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