Lobster's price hits an all time high

Posted Apr 10th 2007 5:33PM by Jonathan M. Forester
Filed under: America, Shellfish

Retail lobster prices have hit an all time record high of around $15 or more a pound. In Maine, due to a combination of weather, water temperature, and the timing of fishing seasons have all come together to make it all but impossible for lobster men to fish for the lobsters. The high winds make it difficult to work the waters, and the cold water temperatures make the lobsters less hungry. This means that the lobsters don't go into the traps. Now, if the high price per pound was getting back to the lobster men that would be great, but since they are catching hardly any lobsters this translates to an exceptionally hard winter for them financially.

Thankfully now that spring is here and warmer weather is around the corner, the lobster catch should improve. The warmer water will make the lobsters come out of their winter slump and they develop an appetite. Also the Canadian lobster season is about to open which means more lobster will be available, helping to lower prices.

Tags: high price, lobster, record

Reader Comments (Page 1 of 1)

4-11-2007 @ 11:10AM

Sam said...

yea i work in a fish market and it's getting ridiculous, we haven't sold much lately.

4-12-2007 @ 5:52PM

Grant said...

I went to safeway this weekend. There in back they had Lobster tails (frozen of course) marked down
from $35.99/lb to 5.99/lb for safeway card members.
I bought the remaining three they had. When I got to the register, she charged me full price. I said I only got the lobster because it was on sale. She called back there and they denied having it on sale.
whatevah safeway, talk to the hand.

4-12-2007 @ 6:39PM

Tim said...

I also work in a fish market and our select and jumbo lobsters are $18.99\lb right now, just crazy.

4-13-2007 @ 10:04PM

Tim said...

Grant you must have read the wrong sign because lobster tails for $5.99/lb would be insane and I highly doubt any store would do that.

6-20-2007 @ 4:57PM

JMForester said...

Yes, I am up in mid-coast Maine and lobster has come back to normal prices for this time of year, now that the winter is over and the lobsters have returned to their usual behavior and the weather is milder and less windy.

JMF

6-20-2007 @ 7:56PM

Cindy said...

I was just wondering, i just heard that prices have come down on lobsters--can anyone verify this??

6-20-2007 @ 8:00PM

Cindy said...

Thanks JMF--for your quick response and the Good news!!

Cindy

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