Strong landings, low prices boost lobster sales

Following record Maine landings of 75.6 million pounds valued at USD 221.7 million in 2009, fresh and frozen lobster buyers are enjoying a stable supply and low prices moving into the 2010 season. Ex-vessel prices at the end of 2009 were as low as USD 3.50 a pound, f.o.b. Boston.

In March, Maine boat prices fell from a high of USD 5.60 a pound to a low of USD 4 for crated lobsters fresh from the pound. Canadian pound lobsters remain in the high-USD 5 range, f.o.b. Boston.

According to one Maine pr…

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