Lobster Prices ‘Decent’ This Year, Says P.E.I. Fishermen’s Association

The spring lobster fishery has been underway for nearly two weeks, but the P.E.I. Fishermen's Association is only now getting an indication of how much their catch is worth.

Ian MacPherson, the executive director of the fishermen's association, said there have been different reports but the prices seem to be in the mid to upper four-dollar range.

"Which is a decent start," MacPherson said.

"Certainly we'd like to get over that five-dollar mark because that's the range where fishers can start to make some money," he said. "There is little or no inventory and the water remains cold. So the catches in most ports are down."

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