Lobster fishermen return to ports; protest low prices

Author: markw  //  Category: Economy

The last time fishermen stopped fishing to make a point about low lobster prices was 18 years ago. Most of the boats came in but some stayed out, so they anticipate confrontation among fishermen. A representative for fishermen said fishermen can’t pay their bills at these prices. To break even, they need to get between $4 and $5 a pound. In an attempt to keep more lobster from heading to market, the protesting fishermen asked buyers not to move trucks carrying lobster out of the area until talks take place. More

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