Monday, July 14, 2014

"Cheap at sea, pricey on the plate: The voodoo of lobster economics"

From the Globe and Mail:

Amid an unprecendent glut, Larry the doomed lobster is followed from a Nova Scotia trap to a Toronto table
Small lobsters are thrown back during an early morning fish off the coast of Nova Scotia. (Scott Munn for The Globe and Mail)
To the best of my recollection, Larry the Lobster showed up in one of Lloyd Robicheau’s traps some time between dawn and 8 a.m. on a Tuesday. My memory of the event is impaired because at the time I was either vomiting overboard or lying in the hold of The Master Rebel, Lloyd’s boat. We were seven kilometres out to sea on a rare gorgeous June day, the eastern shore of Nova Scotia a long eyebrow in the distance, and Lloyd Robicheau had been saying what he often says: “In the lobster racket, sooner or later you’re going to get bit.”

He meant not just in the business sense, but on a lobster-by-lobster basis as well. The feeling had only just returned to his left hand after being nipped by a pincer claw two weeks earlier; now another glistening black devil was trying to sever another of his fingers through his orange rubber gloves. To make a lobster open a claw, you hold the other claw shut. “It’s like playing with fire,” Lloyd said to Reese Reardon and Glendon Bellefontaine, his crew.

Finally freed, he tossed the waving crustacean into the slotted wooden box that keeps newly landed lobsters from ripping each other apart. Then Lloyd searched across the silvery water for the glint of the buoy that marked his next trap. I returned to vomiting. It was 6 o’clock in the morning, and the sea was as calm as a mussel’s day.

In 2013, Atlantic Canada was responsible for 68,000 tonnes, or just over half, of the 131,500 tonnes of lobster landed on the east coast of North America last year. And for the 160 fishermen in Lobster Fishing Area 32 off the coast near Dartmouth, N.S., this year’s annual nine-week lobster season (April 19 to June 20) has been breathtaking. So much lobster had been landed in Nova Scotia by the second week of June that the shore price dropped to $3.50 a pound, which was why everyone was so cranky. I’d been calling it a glut until a couple of local exporters begged me to refer to a “bountiful harvest” instead. They didn’t want their customers to think lobster was cheap.

To a lobster enthusiast, of course, cheap lobster sounds like a good, i.e. delicious, thing. But it never materializes. There is a voodoo to lobster economics. What used to be poor man’s fare, the fallback meal of people too impoverished to afford anything else, is now a billion dollar business and a universal mark of luxury – with the result that a lobster that sells for $3.50 on the wharf can cost $60 and more on a restaurant plate in New York or Toronto or Shanghai, regardless of how many lobsters are pulled from the sea. How this happens is the life story of Larry the Lobster....MORE