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US Loses Steam In Regaining Asian Beef Markets

12 October 2006

US - The latest deal struck by U.S. negotiators to resume beef exports to Asia has so far yielded no new business, and trade has even taken a small step backward, with new restrictions now that more mad-cow concerns have surfaced regarding neighboring Canada. Renewed trade relations seemed to be snowballing at the start of the year. Japan and Hong Kong had just begun importing U.S. beef after two years of no purchases, and South Korea seemed ready to do the same.

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Source: Cattle Network


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