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Lobster Time

8/15/2013

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What is happening with the price of Lobster?  Well, the lobster catch has been increasing yearly for more than 23
years, growing from less than 30 million pounds in 1990 to a total of 123 million pounds last year. The catch from the coastal waters again this year is surging and it’s created a glut of Lobsters which has depressed the value of Maine’s signature seafood. It has caused the price of Lobster to drop to an average price was $2.68 per pound, the lowest in 18 years. 

With an economy that has been in shambles for the last few years, the demand for live Lobsters has not been as strong.  If
people can’t make their house or car payments and struggle to keep groceries on the table, then there’s not going to pay for luxury items like the Lobster. Well I say it’s time to get out there and make a difference in our economy and enjoy one of life's guilty pleasures, go enjoy some “Lobstah”.  Have an American original and keep the Lobstermen working and their boats out on the water. It’s one of the few fisheries that are not on the decline for total pounds harvested.


 

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