Each party submits their final offer and supporting evidence for consideration by the panel. Ub price (cad) minimum price.
During the lobster season, which begins around april 22 nd, the price is adjusted each week by the exchange rate and the us market price. May 8, 2024 to july 13, 2024.
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Newfoundland and labrador’s standing fish price setting panel has come to the decision to side with the final price offer made by the fish, food and allied workers union (ffaw) for lobster in 2023, with the season opening at $14.37 per pound.
The Average Market Price Cdn Is Listed At $13.27 And The Minimum Shore Price Per Pound Is Listed At $9.77.
Click here to read the 2024 lobster price agreement.
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Average minimum prices are much higher than that.
Click Here To Read The 2024 Lobster Price Agreement.
In 2024, the approximate wholesale price range for us lobster is between us$ 23.56 and us$ 74.04 per kilogram or between us$ 10.69 and us$ 33.58 per pound (lb).