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U.S. beef exports continue sluggish

2016-04-09 03:11:00| Beef

Given the headwinds U.S. exports faced early last year, including the severe congestion in the West Coast ports, we expected to see year-to-year increases in most markets, but the actual picture was mixed, explains Philip Seng, president and CEO of the U.S. Meat Export Federation (USMEF). Beef exports did rebound in most Asian markets compared to February 2015, but these gains were largely offset by declines in our neighboring markets. Although U.S. beef exports in February were a shade more than the same time a year earlier, value dropped 18%, short of expectations. read more

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