{"id":453869,"date":"2022-05-27T21:15:21","date_gmt":"2022-05-27T18:15:21","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/lobster-prices-dropping-as-peak-summer-season-nears\/"},"modified":"2022-05-27T21:15:21","modified_gmt":"2022-05-27T18:15:21","slug":"lobster-prices-dropping-as-peak-summer-season-nears","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/lobster-prices-dropping-as-peak-summer-season-nears\/","title":{"rendered":"#Lobster prices dropping as peak summer season nears"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_89 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6afa33c217356\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6afa33c217356\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/lobster-prices-dropping-as-peak-summer-season-nears\/#%E2%80%9CLobster_prices_dropping_as_peak_summer_season_nears%E2%80%9D\" >&#8220;Lobster prices dropping as peak summer season nears&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CLobster_prices_dropping_as_peak_summer_season_nears%E2%80%9D\"><\/span>&#8220;Lobster prices dropping as peak summer season nears&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>Lobster prices are dipping somewhat just before Memorial Day weekend \u2014 the unofficial start of the industry\u2019s critical summer season.<\/p>\n<p>The price of lobster and seafood at large has shot up in recent years, and the price to lobster fishermen at the docks increased by about 60% last year. But lobster prices <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ear to be leveling off, and some retailers are selling the prized crustaceans for a couple dollars less than last year.<\/p>\n<p>Members of the industry said the price to fishermen is also falling at a time when they are struggling with high bait and fuel prices and costly gear conversations intended to try to protect rare whales.<\/p>\n<p>\u201cAnd that\u2019s why it\u2019s hard \u2014 if bait was up and fuel was up and the price of lobsters was up, you\u2019d be where you always are,\u201d said Kristan Porter, president of the Maine Lobstermen\u2019s Association. \u201cBut with those down, that makes it hard to justify going in.\u201d<\/p>\n<p>The wholesale price of a live, 1.25-pound hard-shell lobster fell from $12.35 per pound on April 1 to $9.35 per pound on May 1, business publishing company Urner Barry reported this week. Lobster prices typically fall from April to May, but this year\u2019s price drop was the largest since 2018.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/lobster-prices.jpg?w=1024\" alt=\"Lobster caught by fishermen.\" class=\"wp-image-22440230\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/lobster-prices.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/lobster-prices.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/lobster-prices.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Lobster prices typically fall from April to May, but this year\u2019s price drop was the largest since 2018.<\/figcaption><figcaption><span class=\"credit\">AP<\/span><\/figcaption><\/figure>\n<p>Wholesale lobster prices have been atypically high for nearly a year, but this month\u2019s price drop brings prices closer to historical norms. Some retailers such as Harbor Fish, a seafood market in Portland, are selling live one-pound lobsters for $12 per pound, which is $2 less than 2021 at this time.<\/p>\n<p>Lobster prices are trending downward slightly at a time when many grocery staples are\u00a0becoming more expensive as the US copes with inflation. The price drop could reflect decreased demand amid concern about the economy at large, said John Sackton, an industry analyst and founder of Seafood<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a>.com.<\/p>\n<p>\u201cIt\u2019s discretionary, and anything you see about discretionary spending, people are cutting back,\u201d Sackton said. \u201cPeople\u2019s disposable income is going down.\u201d<\/p>\n<p>The lobster fishing business typically accelerates in the summer when many lobsters shed their shells and reach legal harvesting size. Prices to consumers usually drop when that happens because of increased supply, although last year they remained fairly high.<\/p>\n<p>The US industry is based in New England, especially Maine. Lobstermen in the state had a strong year in 2021, when they caught more than 108 million pounds of lobster\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apnews.com\/article\/business-environment-and-nature-maine-lobsters-652cd9cd20b0d18c7ac071a12ef2f4f9\">valued at a state record of more than $730 million<\/a>.\n                        <\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/05\/27\/lobster-prices-dropping-as-peak-summer-season-nears\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Lobster prices dropping as peak summer season nears&#8221; Lobster prices are dipping somewhat just before Memorial Day weekend \u2014 the unofficial start of the industry\u2019s critical summer season. The price of lobster and seafood at large has shot up in recent years, and the price to lobster fishermen at the docks increased by about 60%&#8230;<\/p>\n","protected":false},"author":1,"featured_media":453870,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/Lobster_Prices.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[129681,70509,70551,74191],"class_list":["post-453869","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-5-27-22","tag-food","tag-inflation","tag-lobsters"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/453869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=453869"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/453869\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/453870"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=453869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=453869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=453869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}