Tag Archives: shore price
We’re eating less lobster, just as fall fishing season begins
After reaching record high prices in the spring, the shore price for a pound of Atlantic lobster has dropped dramatically, from around $18 to $5. Low demand, both domestically and internationally, and inflation are contributing to this drop, say industry professionals, who are concerned about the rising costs to fish and distribute the product as the fall lobster fishing season commences. Stewart Lamont, managing director of Tangier Lobster Company, a live lobster exporter in Nova Scotia, said consumer purchasing habits have changed since the beginning of the pandemic. >click to read< 07:47
