Your Lobster is Really Expensive. Here's Why

This summer could see the highest prices for lobster on record. It's because of one major reason: a brutal Maine winter. Vanessa Yurkevich explains what that means for your wallet.

Jun 11, 2015

This summer could see the highest prices for lobster on record. It's because of one major reason: a brutal Maine winter. Vanessa Yurkevich explains what that means for your wallet.

Latest in Home
Whirlpool branded appliance component with yellow protective packaging in manufacturing facility
Milwaukee Brewers Championship Triggers a Long Night of Hot Production
October 30, 2026
Crowded trade show exhibition floor with multiple vendor booths, signage, and professional attendees networking in an indoor convention center.
PACK EXPO ‘26 Brings Packaging, Processing Innovations for Wide Variety of End Markets
October 30, 2026
General Motors corporate headquarters building with blue glass windows and GM logo signage
GM to Pay $220M for Illegally Sharing Drivers’ Private Data
October 30, 2026
Hand holding blue Miller Lite beer can above industrial manufacturing equipment
Miller Lite Brews Up ‘Clinch Cans’ to Honor Its Hometown’s World Series
October 30, 2026
Related Stories
Mnet 40780 Nanalksd
Industry 4.0
The Myth Of America's Manufacturing Renaissance: Q&A With Adams Nager
Mnet 40203 Minimum Wage Protester Ap Img 5 2
Supply Chain
Will 2015 See A Boost In The Federal Minimum Wage?
Mnet 125465 Chemplantexplosion
Safety
Tennessee Fines Chemical Plant $25,000 In Hydrogen Explosion
More
Whirlpool branded appliance component with yellow protective packaging in manufacturing facility
Operations
Milwaukee Brewers Championship Triggers a Long Night of Hot Production
"It's an intense, time-sensitive operation where every minute counts."
October 30, 2026
Crowded trade show exhibition floor with multiple vendor booths, signage, and professional attendees networking in an indoor convention center.
Operations
PACK EXPO ‘26 Brings Packaging, Processing Innovations for Wide Variety of End Markets
The PMMI event brought together over 72,000 packaging and processing professionals and more than 2,700 exhibitors.
October 30, 2026
General Motors corporate headquarters building with blue glass windows and GM logo signage
Automotive
GM to Pay $220M for Illegally Sharing Drivers’ Private Data
The data was reportedly used by insurance companies, in part, to set insurance rates.
October 30, 2026
Hand holding blue Miller Lite beer can above industrial manufacturing equipment
Operations
Miller Lite Brews Up ‘Clinch Cans’ to Honor Its Hometown’s World Series
The beer was being brewed at the exact time that the team won its first championship.
October 30, 2026
Blue Hyundai Kona electric vehicle displayed in modern showroom with branded signage and red carpet
Automotive
Hyundai Invests $500M to Support Future Vehicle Production in Alabama
The investment package includes new engine production capabilities.
October 30, 2026
Mobil gas station price sign displaying fuel prices with Synergy branding and Food Mart services
Supply Chain
ExxonMobil, Chevron Top Q3 Estimates on Higher Prices, Strong Output
Geopolitical tensions are fueling record profits and production.
October 30, 2026
Pipette dispensing liquid into black microplate wells during laboratory sample preparation
Software
U.S. Bans Imports From 3 Chinese Biotech Companies Over Forced Labor Allegations
BGI Group rejected the allegations.
October 29, 2026
Pharmaceutical filling machine dispensing liquid into clear glass vials with red caps on production line
Operations
Diagnostic Imaging Company Bracco to Open First U.S. Factory
It's expected to create 200 jobs.
October 29, 2026
ManufacturingNow logo with glasses of water on wooden surface
Operations
Explosion, Fire Expose Illegal North Carolina Distillery
Special agents seized 161 gallons of moonshine.
October 29, 2026
Architectural rendering of modern office and industrial facility with white and gray buildings, desert landscaping, parking area, and people in courtyard.
Aerospace
Honeywell Aerospace to Build Manufacturing Facility in Arizona
The facility is expected to create approximately 600 jobs.
October 29, 2026
Vintage Mercedes-Benz G-Class with white body and gold wheels displayed in modern showroom with visitors
Automotive
Popemobile Exhibition Unveiled at Vatican, Featuring Vehicle Popes Have Used For Nearly a Century
The oldest car on display was given to Pope Pius XI in 1930.
October 29, 2026
Volkswagen logo emblem illuminated against dark background
Automotive
Volkswagen Posts $6.5B Quarterly Loss
The company's restructuring could mean the loss of 100,000 jobs and the closure of four plants.
October 29, 2026
Industrial production line with multiple white tissue paper rolls on conveyor system with mechanical components and yellow wiring
Operations
Georgia-Pacific to Invest $150M to Modernize Toilet Paper Production
It will replace a machine that was installed in 1980.
October 28, 2026
White Toyota Camry sedan parked on urban street with trees and buildings in background
Automotive
Subaru, Toyota Supplier to Pay 'Back Wages' to More Than 800 U.S Workers
The company failed to include bonuses in overtime pay calculations.
October 28, 2026
FBI Most Wanted Fraudster poster for Mary Carole McDonnell, charged with bank fraud and identity theft
Aerospace
​Fake McDonnell Aviation Heiress Added to FBI Most Wanted List
And she still has access to the family's secret trust.
October 28, 2026