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Thursday, June 06, 2013

Non-traditional markets drive exports, supporting cattle prices

By Augusto Semmelroth  |  Source: ABS, MLA, Steiner

Australian beef exports surged in May to the highest monthly level on record. Total export volumes surpassed the 100,000 tonnes mark and were 19% higher year-on-year. Curiously enough, the two largest beef importers saw volumes virtually unchanged from last year. So what is driving the export market then?

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Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 

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