fishermen have been championing the cause of the lobster industry, says the P.E.I. The Lobster Fishers Marketing Board reports the price has since fallen to $5.50 to $6 for markets. The PEIFA says fishermen have made investments to improve the quality of landed lobster, the catch in Maine was down, and economic conditions are good. lobster fishermen are currently paying a one cent a pound levy to the Lobster Fishers Marketing Board for lobster marketing. The industry can't rely on governments to promote the industry, says MacPherson, and other sectors of the lobster industry need to do something to stem the current tide of decreasing prices.

Source: CBC News May 25, 2018 10:20 UTC