Ithaca 37
New member
With Canadian imports banned cattle prices in the US might go up, but if people really start getting concerned about mad cow disease it might kill the demand for beef. I hate to be pessimistic, but if they found one case of MCD in Canada I suspect they'll find another. McDonalds stock took a dive. Maybe the stock market is betting more MCD cases will show up.
What would you do if you were a rancher?
"The United States banned all beef imports from Canada after a lone case of mad cow disease was discovered in the heart of Canada's cattle country on Tuesday."
http://story.news.yahoo.com/news?tmpl=story&cid=517&e=3&u=/ap/20030521/ap_on_ re_ca/canada_mad_cow
This could turn into a huge tragedy. Remember what happened in England?
Two years ago I had to listen to a lot of criticism when I said CWD might be a serious threat.
"Canada is the top foreign supplier of live cattle to the United States, exporting 1.7 million head last year, or 75 percent of the total U.S. imports. About seven percent of beef consumed by Amercians is from Canada, said Michelle Peterson, a spokeswoman for the National Cattleman's Beef Association, which represents U.S. beef producers."
<FONT COLOR="#800080" SIZE="1">[ 05-20-2003 22:30: Message edited by: Ithaca 37 ]</font>
What would you do if you were a rancher?
"The United States banned all beef imports from Canada after a lone case of mad cow disease was discovered in the heart of Canada's cattle country on Tuesday."
http://story.news.yahoo.com/news?tmpl=story&cid=517&e=3&u=/ap/20030521/ap_on_ re_ca/canada_mad_cow
This could turn into a huge tragedy. Remember what happened in England?
Two years ago I had to listen to a lot of criticism when I said CWD might be a serious threat.
"Canada is the top foreign supplier of live cattle to the United States, exporting 1.7 million head last year, or 75 percent of the total U.S. imports. About seven percent of beef consumed by Amercians is from Canada, said Michelle Peterson, a spokeswoman for the National Cattleman's Beef Association, which represents U.S. beef producers."
<FONT COLOR="#800080" SIZE="1">[ 05-20-2003 22:30: Message edited by: Ithaca 37 ]</font>