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| The Scuppers This is a new forum for the not necessarily fishing related topics... |
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05-24-2007, 09:02 AM
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#1
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Registered User
Join Date: Sep 2005
Location: Cumberland, RI
Posts: 2,233
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What's up w/the price of lobsters these days?
What's driving up the price? I've been out of the loop (if there is one)
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Good judgement comes from experience, and experience comes from bad judgement -- Keith Benning
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05-24-2007, 09:03 AM
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#2
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<><><><><><><>
Join Date: Nov 2005
Location: somewhere on a rock
Posts: 1,603
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you using them as bait
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05-24-2007, 09:04 AM
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#3
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,182
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I think they've really reduced the quotas, there are just not many pots in the water...
-spence
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05-24-2007, 09:05 AM
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#4
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DDG-51
Join Date: Mar 2002
Posts: 3,550
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memorial day might be kicking them up again, but they did go down from $15 to $9 and nice thing about getting them now is the shells are full of meat, not water.
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05-24-2007, 09:40 AM
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#5
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Wipe My Bottom
Join Date: Sep 2006
Posts: 1,911
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i'm sure higher gas prices have a little to do with it. need energy to harvest them, right? comms are passing through higher costs.
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05-24-2007, 09:51 AM
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#6
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Great White Scup Hunter
Join Date: Nov 2006
Location: In the Corner...
Posts: 2,251
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I hope the guys getting them are making the extra $$ not the retailers....
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05-24-2007, 11:01 AM
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#7
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D'oh
Join Date: May 2004
Location: RI
Posts: 3,296
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Weak Dollar, Strong Euro.
Plus lower supply, but mainly a fault of our sh!tty currency situation. obvisously if you are an exporter or lobsterman, you don't find the situation so bad.....
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i bent my wookie
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05-24-2007, 12:19 PM
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#8
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Registered User
Join Date: Feb 2003
Location: Newtown, CT
Posts: 5,659
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Zac,
What percentage of the catch gets exported?
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05-24-2007, 01:31 PM
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#9
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D'oh
Join Date: May 2004
Location: RI
Posts: 3,296
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Mike, i'll have to look that one up.
also, because of weak USD, it is more lucrative for canadians to send lobster to EU, which usually help suplement our mkt.
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i bent my wookie
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05-24-2007, 01:39 PM
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#10
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D'oh
Join Date: May 2004
Location: RI
Posts: 3,296
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it apears a little over half of the US catch is exported.
there are so many other little factors too. A lot of guys lost a lot of gear in that big storm a couple of months ago, gas is high, etc....
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i bent my wookie
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05-24-2007, 02:32 PM
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#11
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Registered User
Join Date: Feb 2003
Location: Newtown, CT
Posts: 5,659
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Quote:
Originally Posted by zacs
it apears a little over half of the US catch is exported.
there are so many other little factors too. A lot of guys lost a lot of gear in that big storm a couple of months ago, gas is high, etc....
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Could well be a combination of the storm and the holiday. I bought lobster about two weeks ago and it was around $7 a pound for jumbos. |
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05-24-2007, 04:58 PM
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#12
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Permanently Disconnected
Join Date: Nov 2002
Posts: 12,647
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Price will drop very soon when the molt starts and it will be all soft shell stuff which is cheaper.
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05-24-2007, 08:12 PM
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#13
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D'oh
Join Date: May 2004
Location: RI
Posts: 3,296
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very true.
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i bent my wookie
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