Bloomberg: Australias dry spell and a strengthening El Nino are proving a boon for U.S. hamburger lovers.
Queenslands most widespread drought ever is sending a near record number of cattle to feedlots as ranchers cull cows at the fastest pace in more than three decades. Thats boosting beef exports to an all-time high, including a more than 70 percent surge in shipments to the U.S., government data show, with most of that destined to become burgers.
The U.S. last year overtook Japan as Australias top...