While lobster fishermen are surviving the pandemic summer thanks to direct sales and better than expected pricing, wholesalers and dealers are struggling.
Lobster prices have been shockingly low this summer — $2.20/pound dockside. Climate change is a key reason given, but what's going on with shrimp? The price is through the roof.
The lobster industry in Maine has proposed higher fees in order to spend big bucks on advertising. Some lobstermen say that’s a waste of money, but others hope it will increase demand.
Lobster prices are at rock bottom lows. And that's causing a cross-border fight between Maine lobstermen and Canadian ones. The Canadian lobstermen have been blocking their American counterparts from dropping off their catch at Canadian processing plants.