BANGOR DAILY NEWS • August 11, 2022
Falling consumer demand for lobster has brought fishing income tumbling back to earth this summer, a year after the value of Maine’s statewide haul soared to a new record of $730 million. But despite the steep drop in the price lobstermen are getting for their catch, also known as the boat price, some retail prices remain relatively high because many sellers spent more for wholesale lobster months ago. It is too early to tell where the 2022 catch will settle out, but with Maine fishermen currently getting a little more than $3 a pound, it is pretty much certain that their average annual price will fall far short of the record $6.71 that they achieved last year.