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Lobster Prices 2025

The lobster formula continues to be in place for the 2025 season. The price to harvesters is based on the Tuesday Urner Barry market price from the start of the season to Mother’s Day. After Mother’s Day, the price to harvesters will be calculated using the Thursday-Tuesday average Urner Barry market price. The formula provides the following sharing arrangement: for the first $5 of the Urner Barry market price, harvesters get $3.25. The price to harvesters will increase by 70% of any incremental amount greater than $5.00 and 80% of any incremental amount greater than $6.00.

WeekAverage UB Price (USD)Exchange RateAvg. UB (CAD)Minimum Price
April 20 – 26$7.501.38536$10.39$7.46
April 27-May 3$6.951.38205$9.61$6.83
May 4-May 10$6.751.38930$9.38$6.65
May 11-May 17$6.701.39635$9.36$6.63