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Drop in Brazil’s Cattle Supply Will Have Ripple Effects in US

A shrinking supply of cattle in Brazil, one of the world's few remaining sources of abundant beef, stands to push global prices even higher.

For the past two years, a surge in Brazil's beef production helped fuel a jump in exports. That's as ample herds drove cattle prices lower compared to other regions, and ranchers were encouraged to send more animals to slaughter. At the same time, countries such as the United States struggled with high food costs and sought out sources of cheaper beef...

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