Lobster prices rise as summer fishing season gets off to slow start in New England

IndustriesAssociated Press

American lobster prices are rising as the summer fishing season gets off to a slow start in New England.

Maine lobstermen and retailers say the summer staple is selling in the $6 or $8 per pound range to consumers. That is an average increase of about $1 to $2 over last year. Lobstermen are also getting about a dollar more per pound for lobster at the dock.

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Prices are high because supply is low. The season picks up after the bulk of lobsters sheds shells and reaches legal harvesting size. Lobstermen say that hasn't happened yet.

Maine is by far the biggest lobster fishing state in the country. Federal data say more than 85 percent of America's 2013 lobster catch was from Maine.