Lobster Prices 2020 – NL

The lobster price for the week of May 3 to 9 has been released this evening based on the Urner Barry price calculations. $6.76/lb is an excellent price and is a result of a market shortage leading up to Mother’s Day weekend.

The lobster season was delayed in both NL and Nova Scotia, meaning there was very little supply for the biggest lobster selling day of the year. Many areas in the gulf will open on May 15 which will result in larger landings and uncertainty in regards to prices.

Effective Date Average Market

Price USD

Exchange Rate Average Market

Price CDN

Minimum Shore Price
May 3 – 9 $6.80 1.3995 $9.510 $6.76
May 10 – 16 $5.50 1.407 $7.738 $5.34
May 17 – 23 $4.40 1.3965 $6.145 $4.07
May 24 – 30 $4.20 1.3769 $5.783 $3.80
May 31 – June 6 $4.20 1.3463 $5.654 $3.71
June 7 – 13 $4.45 1.3533 $6.022 $3.97
June 14 – 20 $4.65 1.3579 $6.314 $4.20
June 21 – 27 $4.95 1.3637 $6.750 $4.55
June 28 – July 4 $5.15 1.3573 $6.990 $4.74
July 5 – July 11 $5.15 1.3577 $6.992 $4.74
July 12 – 18 $5.60 1.3572 $7.60 $5.23

 

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