4 ms·
Yet you still have to pay $20+ for it in a restaurant. https://econfix.wordpress.com/2013/08/25/a-glut-of-lobsters-but-why-are-prices-in-restaurants-still-high/
by claar 11y ago
Yet you still have to pay $20+ for it in a restaurant. https://econfix.wordpress.com/2013/08/25/a-glut-of-lobsters-but-why-are-prices-in-restaurants-still-high/ https://econfix.wordpress.com/2013/08/25/a-glut-of-lobsters-...
- douche 11y agoAnd it's $3-5 a pound off the boats. Cheaper than burgers for your New England summer barbecue.
- Turing_Machine 11y agoSame thing with Alaska salmon. Reds (sockeye) were netting the fishermen 50 cents a pound this summer, but try pricing it in a store, much less in a restaurant. I'm really surprised that someone hasn't disintermediated the seafood industry in a big way. Too many middlemen, plus an ultra-perishable product that would benefit tremendously from fast transactions.
- Scoundreller 11y agoUberPlane... I cannot wait.
- hammock 11y agoThe whole foods by me has been selling wild caught sockeye at a great price for weeks now... figured they had a good source and didn't think much more. Makes sense that there's a glut as you say
- nkurz 11y agoThere was a great Canadian news article on lobster economics last year: Amid an unprecendent glut, Larry the doomed lobster is followed from a Nova Scotia trap to a Toronto table... http://www.theglobeandmail.com/news/national/my-travels-with-larry/article19557387/ http://www.theglobeandmail.com/news/national/my-travels-with...