Maine Lobster Prices Dive
July 6, 2012
Bangor Daily News: A glut has driven down lobster prices in Maine — bringing cheer to lobster-loving consumers at the start of the state’s tourist season but gloom among lobstermen.
Retailers have been selling small soft-shell lobsters in the Portland area for an unusually low $3.79 to $4.99 a pound. At those prices, lobsters have been selling for less than the per-pound price of bologna at many supermarket deli counters.