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Canadian lobster fishermen union reaches agreement August 11,2012   |  Source: AP

The union representing lobster fishermen in New Brunswick said Saturday that it has reached an agreement with the provincial government and fish processing plants after fishermen blockaded several Canadian plants, demanding that they not accept cheaper lobsters from Maine.

Christian Brun of the The Maritime Fishermen's Union said a tentative deal was reached Friday night and approved by most of the fishermen early Saturday morning.

Tensions over lobster prices bubbled over last week, when fishermen in the province held demonstrations in Cap-Pele and Shediac and trucks were blocked from delivering Maine lobsters to processing plants. Canadian lobstermen say the low price of Maine lobsters is driving down prices in Canada and stealing their livelihood.

By Wednesday, every lobster processing plant in New Brunswick had shut down operations.

Maine each year ships millions of pounds of lobsters to Canada, where they're turned into a variety of products that are sold on retail markets, mostly in the U.S.

Canada has more than two dozen processing plants, while Maine has only three of any size.

Processors in New Brunswick agreed more than a week ago to pay a minimum of CA$2.50 (US$2.52) per pound for processed lobster and CA$3 (US$3.03) per pound for live market lobster


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