Lobster Boat Tie-up
Two weeks ago, the "market price" for a 1.25 lb. Maine lobster at the Boca Resort and Beach Club was a whopping $140.00. I kid you not--they wanted $5.00 more for a 'bug' than they charged me for my room.
Considering that, it's completely understandable that Maine lobstermen are tying up their boats to protest and bring attention to the low prices that lobster are currently bringing. Dealers in some places are offering $3.50 a pound. The last time lobster prices dropped below $4.00 a pound was in 2003, when diesel and bait prices were considerably less.
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