Bovine Spongiform Encephalopathy (Bse): Risks And Implications For The United States
AbstractPractioner's Abstract: Mad cow disease has caused two disruptions in European beef markets--first in the U.K. in 1996 following the announcement of a link to new variant Creutzfeldt-Jacob Disease in humans, and the second in late 2000 following the discovery of "homegrown" cases of the disease in Germany and Spain. In September 2001 the disease was discovered in Japan where it also resulted in an immediate and substantial reduction in beef demand. The disease has not been found in the U.S. but the current scope of detection efforts provides little assurance that it does not exist at a very low level. The U.S. has taken a number of precautionary measures to reduce both the risk of importing the disease and the risk of the disease spreading if it were to appear. Those measures include a ban on the feeding of ruminant protein to ruminants--a measure that the General Accounting Office concluded was not being adequately enforced and which failed to halt the disease in the U.K. We present an overview of BSE in the U.K., the EU, and Japan and present an argument for implementing additional precautionary measures in the U.S.
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Bibliographic InfoPaper provided by NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management in its series 2002 Conference, April 22-23, 2002, St. Louis, Missouri with number 19061.
Date of creation: 2002
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Web page: http://www.agebb.missouri.edu/ncrext/ncr134/
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- Yeboah, Godfred & Maynard, Leigh J., 2004. "The Impact Of Bse, Fmd, And U.S. Export Promotion Expenditures On Japanese Meat Demand," 2004 Annual meeting, August 1-4, Denver, CO 19978, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Sayed H. Saghaian & Leigh J. Maynard & Michael R. Reed, 2007. "The effects of E. coli 0157:H7, FMD and BSE on Japanese retail beef prices: A historical decomposition," Agribusiness, John Wiley & Sons, Ltd., vol. 23(1), pages 131-147.
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