My total investment for two seasons is about $320 now plus two licenses at $26 total. So for simple math, we'll call it $350 invested. 16 crabs in 2009 (one trap) and 45 in 2010 for a total of 61 crabs (ca. 90 pounds of crab). So, for Ken and Colleen, my crab-crazy financial friends, that works out to $3.88 a pound, tax free. Market price is $6.50 (with tax) right now, so I figure I've made enough to pay for my gout medicine. It all works out in the end, no matter what.I'm melting the butter right now. Cheers.
P.S. The crabby ole guy in the photo is my father-in-law who is up here to help me crab and consume. He didn't catch any, but ate some—mission accomplished.
