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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 382.95-0.8%4:00 PM EST

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To: carranza2 who wrote (80363)9/26/2011 1:41:21 PM
From: elmatador  Read Replies (1) of 217745
 
US Overtakes Brazil As World's No. 1 Beef Exporter So the weak dollar did work. The stronger Brazilian real in relation to the dollar has made Brazilian beef a little less competitive overseas and U.S. cattle country is one of its benefactors of that exchange rate.

According to Brazil’s beef exporters association, Abiec, Brazil exported 672,600 metric tons of beef to world markets between Jan and July while the U.S. beef exporters shipped 741,300 metric tons, bringing in $3.06 billion to Brazil’s $3.01 billion.

It’s the first time the U.S. has beat out Brazil in the global beef market since 2003.
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