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June 19, 2015

Maine lobster prices on the upswing

Maine lobster prices have increased by an average of about $1 to $2 from last year because of  lower supply.

The Associated Press reported that retail prices for Maine lobster have reached the $6 or $8 per pound range. At the dock, lobstermen said, they are getting about $1 more per pound.

Lobsterman said supply is low right now because a majority of lobsters haven’t reached the legal harvesting size yet.

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Maine lobstermen report high prices for catch

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