Tag Archives: low price

The 2020 P.E.I. spring lobster season that almost didn’t happen because of coronavirus, comes to an end

The spring lobster season on P.E.I. ended July 4 after a late start on May 15, in a year when fishermen faced low prices and catch limits due to a shortage of labour in processing plants. After losing the crucial first two weeks of the season, fishermen saw a glut of lobsters, pulling in more than buyers would take. There are eight processing plants on Prince Edward Island that deal with lobster. “At the end of the day, we had a season. That meant job creation and it also meant wealth creation for the province during a time when a lot of the other sectors were suffering,” >click to read< 19:30

Are dealers price fixing wholesale lobster prices?

Lobstermen’s complaint: small landings, low price – Another lobsterman, who fishes in Frenchman Bay, said the manager of the cooperative that buys his lobsters “calls us on Monday and tells us the price is going down on Wednesday. How does he know that? There’s price fixing going on.” continued@fenceviewer