2012beof-111206092256-phpapp02

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Unformatted text preview: 0 5.8 Exports 2009 $277.2 263.2 193.6 63.6 66.9 50.7 12.2 26.8 2.9 7.6 22.1 15.0 11.6 2010 $300.3 278.9 199.6 106.8 83.3 80.0 48.2 33.6 30.1 26.4 22.9 20.7 16.5 Source: World Institute for Strategic Economic Research (WISERTrade). The U.S. Department of Agriculture’s forecast for 2012 agricultural exports projects slow export market growth for Colorado’s primary commodities. Factors that could impact the 2012 market include global grain production and continuing efforts to increase Colorado and U.S. beef access in global markets such as Japan and China. If these markets open, the state’s beef exports could again experience significant growth in exports in 2012. Other commodities impacting Colorado’s top export markets are hides (China’s primary import from Colorado) and wheat to markets such as Egypt and Indonesia. Colorado’s top markets are changing. Colorado’s NAFTA partners Canada and Mexico have historically been the largest partners, representing 44% of the state’s total exports in 2008. In 2010, the...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

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