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Lobster prices sky high due to heavy demand, slower season

This year, wholesale prices that typically fall to the $8 or $9 per pound range during the summer never fell below $10.50.

PORTLAND, Maine — Prices for Maine’s most beloved export are much higher than typical right now because of high demand and the possibility that fishermen are having a slower season. 

Maine lobsters usually become less expensive over the course of the summer because of the increase in catch-off of the state’s coast. 

But this year, wholesale prices that typically fall to the $8 or $9 per pound range during the summer never fell below $10.50. 

Consumers are paying in the $15 per pound range now. That's about a third more than a year ago, and twice the price from some previous summers and early falls.