The Price of a Lobster

An article in today’s Maine Sunday Telegram traces the route and mark-up from the few bucks per pound paid to a lobstermen on the dock to the $17+ that will be charged at a restaurant.

Once caught, a lobster can change hands five to seven times before it reaches a diner’s plate.

Lobstermen this summer are getting paid as little as $2 to $2.50 a pound for their catch — the lowest level in 30 years — but the price escalates to $17 a pound or higher by the time a customer orders a lobster in a restaurant.

The paper also continues their reporting on the recent conflict in Canada about processors importing inexpensive Maine lobsters.