Swift Beef's net sales declined 15.8% to $1.16 billion compared with $1.38 billion as selling price increases of 2.9% were more than offset by volume declines of 18.1%. Net sales at the company’s pork division increased 2.9% to $511 million from $497 million as average selling prices increased 7.3% in spite of a 4.1% decline in volume. Swift Australia's net sales increased 14% to $426 million compared with $374 million. Average selling prices in Australia increased 2.2% and volumes increased 11.5%. Sales prices also benefited from a 5.3% increase in the US dollar to Australian dollar exchange rate compared with the prior-year period.

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