Slow Lobster Landings in Gulf of St. Lawrence Push up Prices for Mothers Day; Threaten Disruption
SEAFOODNEWS. COM by John Sackton May 11, 2017
Slow lobster landings in both PEI and New Brunswick have hit a wave of demand, pushing up competition at the wharf, and prices to harvesters.
Mother’s day is a very traditional peak lobster sales day in Atlantic Canada, but this year, prices are so high that a lobster meal can cost over $100.
Denis Breau, a fish shop owner in Moncton, said “for us it is terrible. The world finds it too expensive. There are a lot of people who are not on board and not buying.”
Currently, prices on the wharf in New Brunswick are around $7.50 CA for market..
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