LIMOUSIN TODAY LimToday_HRI18_WEB | Page 154

Markets Beef markets may be directly impacted in terms of exports but significant, if not bigger, impacts may be the indirect result, for example, of reduced pork exports and increased domestic supplies of competing meats. A multitude of markets are likely to be impacted and impacts will pulse through markets in a complex set of primary and secondary effects and more. The net effect is difficult to sort out though there is no doubt it is negative. I 152 | JUNE/JULY 2018