Lobsters prices are 30% higher than they were last year -- so expensive, in fact, that many restaurants are dropping the tasty dish from their menus, according to trade publication Nation's Restaurant News.
Late winter storms interfered with catches over the past few weeks, constraining supplies. Canadian lobsters are fetching between $9.50 and $10.50 per pound in Massachusetts, the center of the industry, versus $6.50 to $7.25 per pound a year ago, the website says.
"I've never seen it this high," Bill Adler, the executive director of the Massachusetts Lobsterman's Association, told NRN.
Read the full story at MSN Money>>
National Fisherman Live: 3/10/15
In this episode, Online Editor Leslie Taylor talks with Mike McLouglin, vice president of Dunlop Industrial and Protective Footwear.
National Fisherman Live: 2/24/15
In this episode:
March date set for disaster aid dispersal
Oregon LNG project could disrupt fishing
NOAA tweaks gear marking requirement
N.C. launches first commercial/recreational dock
Spiny lobster traps limits not well received
Today Sen. Lisa Murkowski (R-AK) introduced legislation to extend a permanent exemption for incidental runoff from small commercial fishing boats.
The National Working Waterfront Network is now accepting abstracts and session proposals for the next National Working Waterfronts & Waterways Symposium, taking place Nov. 16-19 in Tampa, Fla. The deadline is Tax Day, April 15.Read more...