Business & Tech

Lobster Prices Dropping in Connecticut

A glut of Maine lobsters is pushing down prices.

The price of lobsters in the state is dropping this summer, with some retailers selling them for as little as $4.99 per pound.

Warm weather has helped produce a glut of lobsters from Maine this year, where wholesale prices have reportedly dropped to as little as $1.25 per pound.

That’s prompted some fishermen there to keep their boats tied to the dock, the Wall Street Journal reports. For many lobstermen, when the price of their catch falls that low it’s not worth fishing for them.

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

But the glut also has translated into lower retail prices throughout New England and in Connecticut.

Some lobstermen say that’s not necessarily a good thing for consumers. The Maine lobsters that make up the glut resulted from the unusually warm winter that saw lobsters in Maine shedding and growing new shells sooner than normal. Those softer-shelled lobsters could have less meat than harder shelled lobsters from say, Canada, where the water temperatures are colder.

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

Just this past weekend, had its Wacky Weekend sale with the chix lobsters–1 to 1.5-pound lobsters–priced at $4.99 a pound.


Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

We’ve removed the ability to reply as we work to make improvements. Learn more here