20 July 2012

∙ The Weekend: “The Hidden Costs of Cheap Lobsters"

”It’s a good time to be a tourist in Maine. While the rest of the country is being ravaged by wildfires, sweltering away setting record numbers of record-high temperatures, or withering in the grasp of a drought that rivals the 1930s Dust Bowl, northern New England’s temperate climes are a welcome relief. And the cherry on top of that cool, soothing sundae is that the state’s signature seafood, lobster, is selling at rock-bottom prices—as little as $3.99 per pound in Portland.

”The downside, of course, is that while epicures can sample their favorite crustaceans for less than they typically pay for bologna, most lobstermen are struggling to just break even at per-pound prices as low as $2—about half what they typically receive for their catch.”

Source: AmericanProgress.org

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