From Glut to Gold: Lobster Prices Suddenly Soar

CapeCodOnline:The bins in the display case at Cape Codder Seafoods were overflowing with glistening fresh fish, scallops and shellfish, a harvest from the deep waters off Georges Bank all the way down to the shallow bays of Falmouth.

That abundance was not true of the lobster pools, which were populated by just a few specimens, huddled in the corners.

“I’m only carrying the bare minimum,” manager Shawn Cahoon said. The reason: Lobster wholesale prices are too high, higher than they’ve been in years.

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