Mad cow scare stirs markets, food safety doubts

Appetite undiminished
The latest mad cow scare sent markets into a schizophrenic spin, first crashing, and then rebounding on the news that the animal in question was “clean.” Overall, confidence in the market and the product outweighed fears. Ranchers and meat packers across the U.S. were not worried for their fortunes. Overseas, Jamaica chose to not renew a partial ban on U.S. beef. “Cattle prices rise as U.S. finds no evidence of mad cow disease”
Bloomberg, November 24, 2004

Latest mad cow case not causing alarm in Kansas
Associated Press, November 23, 2004
“Nebraska cattle farmers aren’t worried about mad cow”
November 18, Associated Press/
“No plan to reinstate partial ban on U.S. beef”
Jamaica Observer, November 23, 2004
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Canada: Mixed signals
In Canada, farmers literally parked their cattle in downtown Montreal to protest for more financial aid, after an incident of mad cow disease (technically known as bovine spongiform encephalopathy) provoked a U.S. ban on Canadian beef.