Slower Lobster Season Means High Prices, Worried Fishermen

A drop in the catch of lobsters off Maine has customers paying more and fishermen concerned about the future.

Maine’s harvest of lobsters was about 40% off last year’s pace through September, and while October and November tend to be months of heavy lobster catch, wholesale prices have soared amid the slower supply. Live 1.25-pound lobsters were wholesaling for nearly $10 per pound in the New England market Nov. 1, an increase of nearly 20 percent from a year ago.

The drag in catch has also contributed to an uptick in price at some retail fish markets. Some stores in Maine, which is the center of the U.S. lobster industry, are selling lobsters for $12 per pound. That is about 10% more than a year ago.

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