mcs328

I've been reading lately that the price of lobsters have dropped substantially. I've seen a few dollars difference when passing Chinese restaurants selling twin lobster dinners for about $23 when I remember them going for more like $28 or more.

Anyone in Maine like to confirm?

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zenbooty

I noticed it too. Seafood place downstairs is selling them at a fairly reduced price. I just assumed it was because they're no longer in season so the catch is crap. But maybe there's more to it.

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zenbooty

There's more to it:

http://ap.google.com/article/ALeqM5i...hM6pwD93VVQQ80

uncledaddy

Doesn't that usually result in the opposite? An increase in price?

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zenbooty

Only if quality is maintained. If in the offseason you can only get 1 or 1 1/4 pounders max, the price will drop because demand will drop for a less desirable product. When I said "The catch is crap," I was referring to the quality of the catch as much as the quantity.

mcs328

*snip *Retailers as far south as Washington, D.C., are selling live lobster for as little as $5.99 a pound, said Neal Workman, founder and head of The Fisheries Exchange, a Boston-based company that tracks prices, catches and other market information for the lobster industry. *snip*

Now I have to go out and find out where they are selling $5.99/lb lobsters. That's just incredible.

DarkFury

So does this now mean that when she "goes for the lobster" on a date... you ain't gonna automatically get lucky anymore?

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Napoleon54

Hey, here's an idea. The fed gov't should buy the extra lobsters and put them back in the ocean. Keep prices and demand steady, y'know. I want a government grant to research turning lobsters into auto fuel. They could add it to the farm bill. Ten years from now maybe there'll be a little "10% lobster" sign on the gas pumps.

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The unsustainable cannot be sustained.

zenbooty

Easy there, tiger!

(or as some would say, "Please Hammer, don't hurt 'em.")

raimin

the lobster wholesaler near my work has it for 7.95 a lb

https://webpos.wlinformation.com/newEnglandLobster/