Lobster hunters getting pinched as prices tank

The Miami Herald reports:

As the commercial lobster season gets under way Thursday, Keys fishermen are gloomy about their prospects: Low demand during the recession has led to plummeting prices for what many consider a luxury treat.

``Last year we opened [the season] at $7'' a pound, said longtime commercial fisherman George Niles, who spent the past few days with his dad placing 2,800 wood-and-concrete lobster traps in the waters off the Keys. ``If it stays at $3 a pound, we can't make a living.''

An interesting article.