Early lobster prices disappointing
Lobster fishermen on P.E.I. are already disappointed with the prices they're being offered for the first catch of the fall season.
The first traps were hauled in on Sunday, and the prices range from $8.80 to $9.90 a kilogram.
Those prices are even lower than what fishermen were getting earlier this year, prices that prompted the P.E.I. Fishermen's Association to ask the government to investigate buyers for price fixing. That investigation found no evidence of collusion, blaming the strong Canadian dollar, high landings, and a slow American economy for the prices.
Processors are still blaming the Canadian dollar for the prices, even though it's fallen below par.
There are reports of even lower prices in New Brunswick, starting at $7.70 for canners.
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