Saturday, December 5, 2009
Sea Arrow makes her way down the western channel toward Fort Point. She is coming home from her workday -- filled, we hope, with lots of lobster. In this first week of the season the price for lobster has been quite low. Demand is down in a bad economy. Many lobstermen will hold their catch in lobster pounds until the price rises, instead of selling it right away. This gives them a bit more flexibility in dealing with the ups and downs of the market. But it extends their risk as well.