Tag Archives: U.S. retail market
Lobster and snow crab markets fall by as much as 65 per cent
While lobster and snow crab have long been two of the Maritimes’ most popular exports, new data suggests the markets are now falling short. At the wharf in Glace Bay, N.S., fishermen were getting about $7 a pound for lobster by season’s end and about $6 for snow crab. “It wasn’t a good year, lobster-wise or crab-wise for us,” said fishermen’s representative Herb Nash. At Louisbourg Seafoods, where lobster and snow crab have long been their biggest sellers, a record year last year gave way to a difficult 2022. “We were very optimistic coming into 2022 that we would see a replica of 2021, and that couldn’t have been further from what happened,” said Allan MacLean, a senior operations manager at the seafood business. Video, >click to read< 11:38
