As per the available source the prices of lobster are on the rise after weeks of remaining at the rock bottom. It is told that the shore price for market-size lobsters risen by 50 cents per pound, now netting fishermen in northern Nova Scotia $4 per pound for their efforts. Barrachois, N.S. fisherman Stanley Reid informed that it is too little too late but at least it’s going the right way now.
Reid further said that the rise in the prices was positive but it came too late in the season and may not be enough to compensate for the loss fishermen in less lucrative areas have already experienced. It is said that from the starting of the season lobster fishermen from Pugwash to Lismore received about $4.50 per pound for their catch, but three weeks into the season the shore price dropped to about $3.50 per pound, where it remained until this week.
Kim Gunning-Hill, general manager of the Lobster Pot in Lyons Brook, N.S. opined that there is a unique trend in sales every year where on Mother’s Day they typically sell more of the market-size lobsters, but on Father’s Day the smaller canner-size lobsters are the most popular. She said they have been in business for 24 years and have always sold 100 per cent local lobster.
