We have all seen the restaurant menu where it lists the fresh lobster entree’s at “Market Rate.” Most consumers have never felt so un-empowered. How on earth can any one know what the lobster market price should be? We know lobster prices can fluctuate based on supply and demand. Lobster prices tend to go down…
Tag: lobster retail
The Maine Lobster Supply Chain Moves Fast
There are more than 9,000 licensed lobster fishermen, according to the Department of Maine Resources, and the lobster harvest in 2010 broke records. Typically the lobster fishermen sell to the 3,500 dealers in the state, who then turn around sell to wholesalers or processors. Live and processed lobsters are then sold to restaurants, retailers and the…