Lobster Prices 2023
Lobster prices will be posted every Wednesday morning.
**This is the first week of pricing with the new 2023 formula. The difference in the new formula and the previous formula is that harvester share is reduced from 80% to 70% when the Canadian Market Price is above $8.00. This will continue the remaining of the 2023 season. A copy of the new formula is attached here.**
Lobster schedule 2023 – signed by ASP & FFAW
| Lobster 2023 | |||||
| Effective Date | Average Market Price USD | Exchange Rate | Average Market Price CDN | Min Shore Price Per Pound | New formula $ difference to harvesters |
| April 16-22 | 14.10 | 1.349006 | 19.02 | 14.37 | |
| April 23-29 | 10.38 | 1.35836 | 14.09 | 10.42 | |
| April 30-May6 | 8.63 | 1.347942 | 11.63 | 8.45 | |
| ***May 7-13*** | 7.75 | 1.347595 | 10.44 | 7.26 | -$0.25 per lb |
| May 14-20 | 7.38 | 1.348805 | 9.95 | 6.91 | -$0.20 per lb |
| May 21-27 | 7.13 | 1.359171 | 9.68 | 6.73 | -$0.17 per lb |
| May 28-June 3 | 7.05 | 1.349261 | 9.51 | 6.61 | -$0.15 per lb |
| June 4-10 | 7.00 | 1.336316 | 9.35 | 6.50 | -$0.13 per lb |
| June 11-17 | 7.13 | 1.324927 | 9.44 | 6.56 | -$0.14 per lb |
| June 18-24 | 7.68 | 1.3185 | 10.12 | 7.03 | -$0.22 per lb |
| June 25-July 1 | 7.95 | 1.32361 | 10.52 | 7.32 | -$0.25 per lb |
| July 2-8 | 8.10 | 1.32831 | 10.76 | 7.48 | -$0.28 per lb |
| July 9-15 | 8.25 | 1.31998 | 10.89 | 7.57 | -$0.29 per lb |
| July 16-22 | 8.38 | 1.31925 | 11.05 | 7.68 | -$0.31 per lb |