Yesterday, live lobster boat prices reached $8 per pound traders told Urner Barry. These higher dock prices were reflected in yesterday's wholesale market, which climbed $1.00 per pound from last week's price for live half-pound Selects in New England. Since the start of the month Live Lobster prices are up nearly 30 percent.  These are high historical prices for February. 


Normally in late February Valentines day and Chinese New Year are passed, and demand is light.   So traders said it was supply shortages rather than increase in demand that has sent the market higher this month.


Over the last three weeks winter weather has prevented fishing efforts in Maine and Canada. In New England, bitter cold weather and ice has shut lobstermen out of the fishery with boats frozen in their harbors.


Read the full story at Saving Seafood>>


Want to read more about Northeast lobster? Click here...

Have you listened to this article via the audio player above?

If so, send us your feedback around what we can do to improve this feature or further develop it. If not, check it out and let us know what you think via email or on social media.

A collection of stories from guest authors.

Join the Conversation