In the past week or so the newspapers and TV News have been reporting that Maine lobster prices have dropped to new lows. It has something to do with the financial crisis. Apparently, many commercial lobster fishermen used financing by Icelandic banks. Since many of these banks have gone belly up, the lobstermen can't finance their product so they've been dropping their prices. All well and good if you want to buy lobsters at a reasonable price.
I live in Palm Beach County and I have not found any markets anywhere that have lower prices for lobsters. Anybody have any information where I can get modest priced lobsters hereabouts? I define modest as less than $10/lb for 1-1/2 lb sized lobsters.