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Lobster season off Nova Scotia closes with high prices, good catches: fisherman

Lobster fishermen from Bay St. Lawrence to Gabarus say they've stopped their protest over slumping lobster prices after reaching an agreement with processors. Justin Sullivan/Getty Images

Lobster fishermen in southwest Nova Scotia say they’re closing out the season with some of the best prices in a decade.

Bernie Berry of the Coldwater Lobster Association says fishing wrapped up Tuesday at midnight in fishing area 34 with a closing price of $6 a pound.

He says early indications are that catches could rival last year’s haul of 55 million pounds for that area, which stretches from Shelburne to Digby counties.

Berry attributes the good catches to favourable weather, the low Canadian dollar, affordable fuel prices and burgeoning markets in Asia and Europe.

He says demand has gone up dramatically in recent years, so much so that fishermen say are almost having trouble satisfying the growing appetite for the crustaceans, particularly in China.

Berry says that is in stark contrast to opening prices of about $3 a pound just six years ago during the global economic downturn.

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