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Financial Crisis Dents Certain Asian Livestock & Feed Sectors: Trade Impact Marginal
August 18, 1998
The Asian financial crisis appears to have had little overall effect on either total domestic livestock inventories or feed grain import demand throughout most of the region. However, the impact of the crisis and prospects for a return to pre-crisis growth levels varies significantly by country. The impact is likely to be greater for meat trade, not local production. Meanwhile, U.S. red meat, poultry, and feed grain exports to these selected countries are expected to remain steady in the near term.
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