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Cheap Lobster for Everyone

10/16/2008 12:01:00 AM
US stocks aren't the only things going for cheap lately. Apparently, the soft economy is also affecting lobster pricing - and it's lower now than ever. Curse my bad luck - my doctor just told me I have high cholesterol - so I should probably be cutting down on the seafood.

Over the past six months, the price local lobstermen are earning for their catch has plummeted -- dropping from about $6 a pound in the spring to less than $3 now. At the same time, the cost of diesel and bait has surged.

Eddie Hook, owner of the Boston-based wholesaler James Hook & Co., said he can't remember the industry facing such dire straits. He's now selling lobster -- at the downtown location that burned down this year -- for $5.99 a pound, down from $7.99 a pound a few weeks ago.

Lobster mac and cheese, lobster rolls, lobster with ginger and scallion ... I'm drooling on my keyboard a little.

Click (here) to read the Globe article.

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1 Response to "Cheap Lobster for Everyone"

  1. Anonymous Said,

    ummm.... seafood is excellent for high cholesterol!

    That is unless you slather it in butter and deep fry it.

    Bake and broil!

    Posted on 10/16/08, 9:56 AM


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