Shortage of Lobster Processing Capacity Pushing Meat Prices Through the Roof
SEAFOODNEWS.COM by John Sackton February 11, 2016
Any restaurateur attempting to use lobster meat at this time knows that pricing is through the roof.
For many years, prices of lobster meat and tails have generally been close to each other, with the price of lobster meat related to the yield of meat vs. tails.
That trend was sparked initially by a period of low prices that led more foodservice users to menu lobster preparations. However, for nearly 5 years, lobster meat, traded in the $15-$20 range while 3-4 oz tails were in the $13 to $18 range....
To Read Full Story Login Below.