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SYDNEY (Kyodo) The price of imported Australian beef fell for the second consecutive week amid market turbulence triggered by the detection of mad cow disease in the United States.

Meat and Livestock Australia said Friday in its weekly livestock market report that the price of chilled beef from grass-fed cattle fell 11.3 percent to $1.80 per pound from $2.03 last week. The price is down 25 percent from the $2.40 logged two weeks ago.

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