Lobstermen are contending with a glut of early-shedding crustaceans and a shortage of buyers that are combining to create historically low prices for the state’s iconic catch.
Lobsters are going for about $2.25 to $2.50 a pound at the dock, which is “as low as I’ve seen it in 30 years,” said David Cousens, the president of the Maine Lobstermen’s Association.
It’s the same in stores, where prices were running $4.99 a pound at the Fishermen’s Net on Forest Avenue in Portland.
“It’s the lowest price I’ve ever seen in 30 years,” said Norman Solack, a partner in the store. “The tourists that show up on the Fourth of July are going to get a heck of a deal. It’s like saying, ‘Tourists, welcome to Maine.’ ”
To read the rest of the story, please go to: Portland Press Herald