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Record lobster prices sign of sky-high demand

July 22, 2021 — Lobster boat prices have reached record prices this summer, driving some restaurants to shy away from carrying the product to avoid sticker shock for customers.

Boat prices have climbed well north of USD 6.00 (EUR 5.08) per pound when the price is typically around USD 4.00 (EUR 3.39) per pound, the Lewiston Sun-Journal reported. Some restaurants interviewed by the newspaper confessed to removing lobster from menus to avoid charging an exorbitant amount of money for the product.

Read the full story at Seafood Source

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