Monday, December 3, 2012

Group Calls For Support Amid $3 Lobster Prices

A fishermen's advocacy group will hold meetings this week to discuss the low price of lobster. The 1688 Professional Lobster Fishermen's Association is calling on licence holders, crew members and the business community to show support for the industry by attending meetings on Wednesday in Yarmouth and Barrington. Fishermen have been hauling in a record harvest since the winter season began last Tuesday. However, the large catches are flooding the market and driving down prices at the wharf. obster has been selling in most areas of south western Nova Scotia for three dollars per pound. The organization is calling on fishermen to either stay home or hold back their catch until the prices go up. The organization formed last year in an effort to boost lobster prices. The PLFA claim fishermen need at least five dollar per pound in order to make a profit.