Bad weather and crop shortages are just some of the reasons why lobster, wine and mushrooms prices are going up.
Slow your lobster roll.
The price of lobster has skyrocketed to nearly double the cost per pound, due to bad weather plaguing New England in recent months preventing fishermen from going out on the water as consumer demand rises.
“The supply has been frozen up a little bit, literally,” Matt Jacobson, executive director of the Maine Lobster Marketing Collaborative, told Moneyish. “This winter and spring have been really cold and icy in the Northeast; you haven’t seen as much supply because boats just haven’t been able to go out. It’s an outdoor sport — it’s not a farm.”
Whole hard-shell lobster prices have gone up to $16 per pound this spring compared to last year’s cost of around $7 to $10 per pound, chefs and seafood suppliers told Moneyish.
“We’ve actually taken our lobster dishes off the dinner menu,” Boston-based chef Chris Coombs said of paying up to $16 per pound for lobster. Eaters can only get chilled lobster at his steakhouse restaurant, Boston Chops, when they order the seafood tower appetizer ($69 to $99).