Tag Archives: P.E.I. Lobster Marketing Board

‘Alarm bells should be going off’: P.E.I. fishers reflects on low prices, poor weather throughout 2023 spring lobster season

Charlie McGeoghegan, chair of the P.E.I. lobster marketing board, wants answers as to why the price of lobster per pound was so low throughout the 2023 spring season.  According to McGeoghegan, the price of lobster was $13.50 per pound up until the start of the season when it suddenly dropped by more than six dollars. As a result, fishers in the province lost more than $300 million in revenue, as the yield last year was more than 47 million pounds.  “Alarm bells should be going off with the province as well, that’s a lot of revenue,” said McGeoghegan.  Lobster fisher Art MacDonald of Souris said he’s had a hard time remembering a colder and wetter fishing season.  >click to read< 17:07

‘We’re quite happy’ P.E.I. fall lobster fishery has ‘higher demand than we’ve ever seen before,’

Fall lobster fishing in western P.E.I. seems to be off to a good start amid talk demand could be as high as it’s ever been in the season. On Monday morning, fishermen started setting their traps in Lobster Fishing Area 25, located at the western end of the Northumberland Strait between P.E.I. and New Brunswick. Charlie McGeoghegan, chair of the P.E.I. Lobster Marketing Board, says the sector has benefited recently from a considerable rise in demand for live lobster within Canada, as more people decide to cook at home due to the pandemic. “This year it seems there’s a higher demand than we’ve ever seen before, which we’re quite happy about.” >click to read< 08:19

“Our industry is quite happy,,, Lobster prices are back up just as 2021 season ends

Charlie McGeoghegan, chair of the P.E.I. Lobster Marketing Board, said overall it was a “very good year” for lobster fishers.  “Our industry is quite happy with the way things went when you compare it to last year and many other years actually,” McGeoghegan said. “It’s a welcome change for sure.” The season was delayed two weeks due to COVID-19 concerns for the safety of boat crews, and questions over the demand for lobster. The season was extended by four days, but losing 10 days still negatively affected last year’s overall catch numbers and prices. >click to read< 16:12

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

P.E.I. lobster fishermen begin the penny per pound Lobster Levy for marketing on Saturday

10-lobsters1P.E.I. lobster fishermen are the first in Canada to offer money from their catch to help market their product. The one-cent-a-pound levy will begin to be tallied when the first Island lobster is landed on Saturday. The chair of the new 12-member P.E.I. Lobster Marketing Board, Charlie McGeoghegan, says around a dozen proposals with recommendations how to spend the money have been submitted so far. He said those have come from consulting firms, fishing groups and individuals both on and off the Island. McGeoghegan wouldn’t share details, but said some of the ideas have been rejected already but a handful are still on the table. Read the rest here 13:10