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.