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Mad-cow ban cost U.S. $11 billion in beef exports

U.S. ranchers and processors lost almost $11 billion in revenue between 2004 and 2007 after major importers barred U.S. beef following the discovery of mad cow disease in the United States, according to a government report issued on Tuesday.

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Livestock Marketing

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Derrell Peel, OSU Extension livestock marketing specialist, covers the latest USDA Cattle on Feed and Cattle Inventory reports. Dr. Peel says even with high beef prices, beef consumption is not dropping off.