From thestar.com:
Once the poster dish of fine dining, lobster is now cheaper than deli meat in some markets.I haven't seen any dip in price thus far in my area. I'll keep looking. Maybe the market will respond next month.
On Friday, oversupply pushed the price to fishermen down to $2.50 a pound in Maine and $4 in Canada.
Canadian lobster retails at Loblaws for $9.99 a pound — cheaper than veal, fresh lamb, sockeye salmon, T-bone steak and boneless grain-fed chicken breasts.
It’s cheap enough that the McLobster has become a popular menu item at McDonald’s in New Brunswick, Prince Edward Island and Nova Scotia. Chilled chopped lobster and celery with salad dressing on a fresh roll sells for $6.29 in season, while supplies last.
“Most consumers would probably notice. If they’ve been watching, they see more (lobster) specials in superstores and grocery stores,” said Greg Roach, associate deputy minister in Nova Scotia’s Department of Fisheries and Aquaculture.
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