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Friday, June 07, 2013

USDA quarterly outlook not all bad for Aussie beef producers

By Amy Bellhouse  |  Source: USDA, FAS, MLA, Steiner Consulting Group

Last week the USDA published their quarterly Outlook for US Agricultural Trade. While the report revised total US agricultural exports for 2013 down by US$2.5 billion from the February forecast, the estimated value of beef and veal exports was raised marginally from US$5.0 to US$5.1 billion, 7% higher than 2012.

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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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