A weaker US dollar and stronger Brazilian real recently made Brazilian beef slightly less competitive. According to Forbes magazine, Brazil’s beef exporters association, Abiec, shows Brazil exported 672,600 metric tons to world markets between January and July while US beef exporters shipped 741,300 metric tons. Abiec’s executive director says the US is regaining some market share because of price.
This is the first time since 2003 the US has topped Brazil in the global beef
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