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Paraguayan exports to reach record highs

26 October 2006

PARAGUAY - Paraguayan beef exports are forecast to reach a record 290,000 tonnes cwt in 2007, according to a report released by the US Department of Agriculture (USDA).

In recent years, Paraguay has been exporting a greater proportion of total beef produced due to strong world demand, high export prices, good sanitary status (FMD-free with vaccination) and growing domestic beef production.

According to the Brazilian Meat Monitor, the very high exports have caused Paraguayan companies to import beef from Argentina to supply the domestic market. For the remainder of 2006, beef production is expected to grow - exports are expected to rise to 65% of production in 2006 (260,000 cwt) and increase further to 68% of production in 2007.

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