The wheel of fortune has turned for professional lobster fishers along the South East coast as the beach (wholesale) price has dropped sharply in the space of a week from $87 to $65 per kilogram.
Furthermore, the rough weather in the past week has caused many boats to stay in port.
The 2021/22 season opened almost three weeks ago with the initial return to the 160 boats being $70.
The domestic market in Adelaide is currently charging retail customers $90 per kilogram.
Meanwhile, the anticipated surge in recreational lobster fishing along the SE coast over the long weekend was impacted by the poor weather.