First NL Lobster Prices For The Year Announced

The first lobster prices for the year out of Newfoundland and Labrador are here. According to FFAW Unifor, the effective date listed is April 17-23. The average market price USD is $10.50 with an exchange rate of 1.264135. The average market price CDN is listed at $13.27 and the minimum shore price per pound is listed at $9.77.
While a high start, it doesn't beat out the initial 2021 price of $9.96. Urner Barry market reporter and COO Jim Jenny compiled data from...
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