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Australian beef industry analyst Peter Weeks of Meat and Livestock Australia predicts that Australia's beef producers will lose 30 percent of their market in South Korea when the United States resumes beef shipments in October. "We are looking at a 30 percent fall next year, from this year's likely 120,000 tons to about 85,000 tons," he told The Weekly Times. He said that in addition, margins will take a hit, making the business less profitable. The impact in Korea will be far greater than the impact in Japan, he said, because Japan refuses to take beef from cattle over 20 months of age, while Korea will take beef from animals up to 30 months. by Pete Hisey on Thursday, September 14, 2006