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.
Saturday, December 5, 2009
Homeward bound
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.
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.
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