El Niño drives 20-percent increase in Australian beef exports

The Australian government forecasting agency raised its estimate of beef exports in the trade year that ends next July 1 by 20 percent, as ranchers liquidate their herds in the face of drought worsened by El Niño, said Reuters. Beef exports were pegged at 1.225 million tonnes, said the Australian Bureau of Agriculture, Resource Economics… » Read More

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