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: 9/9/14
In this episode:
Seafood Watch upgrades status of 21 fish species
Calif. bill attacking seafood mislabeling approved
Ballot item would protect Bristol Bay salmon
NOAA closes cod, yellowtail fishing areas
Pacific panel halves young bluefin harvest
National Fisherman Live: 8/26/14
In this episode, National Fisherman Publisher Jerry Fraser talks about his early days dragging for redfish on the Vandal.
More than a dozen higher education institutions and federal and local fishery management agencies and organizations in American Samoa, Guam, the Commonwealth of the Northern Mariana Islands and Hawaii have signed a memorandum of understanding aimed at building the capacity of the U.S. Pacific Island territories to manage their fisheries and fishery-related resources.