Tag Archives: Lobster price

The public is credited with helping Cape Breton fishermen through Coronavirus impacted lobster season

Herb Nash, president of the 4Vn management board, said catches were decent this year and those prices made the crustaceans a meal for everybody instead of simply a rare treat. “Instead of lobsters $7-$7.50 lb at the end, lobsters were $5 pound, so people were buying them,” the 55-year-old fisher said. “The local markets helped a lot this year.” This year, people could purchase lobster for $45-$50 a dozen compared to $70-$75. “If the local market wasn’t as good as it was, more lobster would have had to be shipped out to sell and I think we would have been swamped with lobsters.” Nash said with the pandemic affecting the community and businesses, they were grateful to get through it and get a paycheck.,, ”While this season was a historically difficult one, Nash can recall the 1970s when the lobster catches were bad back then — sometimes 15-25 pounds per day. >click to read< 18:13

Wind, ice influence price of lobster

Speculate. That’s about all fishers, or anyone else, can do about the season-opening price for lobster in any given year, and Ken Blanchard shrugs off any suggestion it will go much above $8 a pound starting out. Bluster among landlubbers has it nearly twice that, $15. With bigger wind to deal with, Blanchard, who makes a living on live-catch lobster and crab as a licensed fisher plying waters of the outer Bay of Islands, sees active storms and bigger local backwater icefields on Penguin Arm and Goose Arm as more pressing concerns as the harvest looms. >click to read<09:07

Why lobster prices are so high and what it means for the industry

Lobster prices in the Maritimes are high and buyers in Nova Scotia say they’ve never seen lobster on the wharf sell for $8 per pound in early May. This is the time of year when almost every lobster fishery on the East Coast is open — there are more boats on the water in early May than there are at pretty much any other time of the year. With so many traps in the water, why is the price so high? “This is the highest price in the history of the commercial fishery in the spring on this date. I emphasize on this date,” said Stewart Lamont, a lobster buyer on Nova Scotia’s eastern shore and managing director of Tangiers Lobster Company. click here to read the story 09:57

Lobster price depends on whose plate

10-lobsters1Last week the news was filled with stories about the price of Maine lobster reaching its highest point in 10 years or more. Some trade publications were talking about 1¼-pound hardshells selling for as much as $8.50 over Labor Day weekend. That may be true, but its news to most dealers and fishermen in Downeast Maine when it comes to discussing the boat price. “I’m getting $4.35 plus whatever bonus at the end of the year,” a lobsterman from Blue Hill said on Sunday. That price was for shedders — or what the industry-funded Maine Lobster Marketing Collaborative prefers to call “new shell” lobsters. The fisherman hasn’t caught any hardshell lobsters all summer. Read the story here 12:06

Lobster price comes with a catch

THE VANGUARD – Looks like Old Man Winter has been able to accomplish what lobster fishermen haven’t been able to do for themselves over the past few seasons. He’s driven up the price of lobster.Last week fishermen – those who fish during the winter months – were being paid a shore price of $8 a pound for their lobsters. That’s a far cry from the $3 price back in the fall. continued