U.S. Loses 90 Percent of Beef Exports



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Topic: Politics > Politics-USA
User: "Harry Hope"
Date: 27 Dec 2003 08:38:55 AM
Object: U.S. Loses 90 Percent of Beef Exports
From The Associated Press, 12/27/03:
http://story.news.yahoo.com/news?tmpl=story&cid=541&ncid=716&e=4&u=/ap/20031227/ap_on_he_me/mad_cow
U.S. Loses 90 Percent of Beef Exports
By EMILY GERSEMA, Associated Press Writer
WASHINGTON -
Just days after discovering the nation's first case of mad cow
disease, the United States has lost nearly all of its beef exports as
more than a dozen countries stopped buying American beef as insurance
against potential infection.
Gregg Doud, an economist for the Denver-based National Cattlemen's
Beef Association, said Friday that the United States, at today's
market level, stands to lose at least $6 billion a year in exports and
falling domestic prices because of the sick cow.
"We've lost roughly 90 percent of our export market just in the last
three days," Doud said.
____________________________________________________
Harry
.

User: "InsuranceBroker"

Title: Re: U.S. Loses 90 Percent of Beef Exports 27 Dec 2003 12:58:17 PM

Subject: U.S. Loses 90 Percent of Beef Exports
From: Harry Hope


Date: 12/27/2003 9:38 AM Eastern Standard Time
Message-id: <nb6ruv4uej3gj8ia4kdaand43ql0s5kdr5@4ax.com>
From The Associated Press, 12/27/03:

http://story.news.yahoo.com/news?tmpl=story&cid=541&ncid=716&e=4&u=/ap/20

031227/ap_on_he_me/mad_cow


U.S. Loses 90 Percent of Beef Exports

This will cause great harm to the already in trouble US dollar. It will take
months before they get this undercontrol. It will kill our meat market and the
lose of export will cause great harm to the dollar.

By EMILY GERSEMA, Associated Press Writer

WASHINGTON -

Just days after discovering the nation's first case of mad cow
disease, the United States has lost nearly all of its beef exports as
more than a dozen countries stopped buying American beef as insurance
against potential infection.

Gregg Doud, an economist for the Denver-based National Cattlemen's
Beef Association, said Friday that the United States, at today's
market level, stands to lose at least $6 billion a year in exports and
falling domestic prices because of the sick cow.

"We've lost roughly 90 percent of our export market just in the last
three days," Doud said.

____________________________________________________

Harry






Doing Insurance business in the Garden State
.


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