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Source: Tim Petry, DAKOTA FARMER, 9/11/17
The export market is becoming more and more important for cattle prices in the U.S. After a difficult beef export year in 2015, due to several factors, beef exports were up more than 12.5% in 2016 and are forecast by the USDA to be up another 9% in 2017. Exports were up about 15% in the first half of 2017. That was one reason for the cattle price rally into May 2017. For more of this story, click here.
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