October 2003 -- The fastest growing cattlemen's group in the country, R-CALF, was founded by Leo McDonnell primarily on one issue: that if we weren't flooded by imports of both beef and cattle from our northern and southern neighbors that we could have a cattle business in this country that was both profitable and sustainable. It took a Canadian mad cow to prove R-CALF's thesis correct. Once the border was closed cattlemen on this side received the highest prices in history for their stock. In October of 2003 the price of fat cattle averaged 105.50 for the month!
December 23, 2003 -- A day that will not soon be forgotten. It was Christmas week and our present from Santa was our very own mad cow in this country. Albeit by way of Canada. Within three days of the Mabton Mad Cow being found in Washington state the United States lost 90 percent of its beef export market.
In introducing the Mabton Mad Cow at a Friday press conference on December 24 former Ag Secretary Veneman made no mention of the fact that the cow originally came from
Canada. When the futures market opened on the following Friday the futures market for all classes of cattle fell. Our market didn't crash like Canada's because ours is mostly a domestic market: we eat what we produce. In Canada they export over half of their production.
December 23, 2003 -- A day that will not soon be forgotten. It was Christmas week and our present from Santa was our very own mad cow in this country. Albeit by way of Canada. Within three days of the Mabton Mad Cow being found in Washington state the United States lost 90 percent of its beef export market.
In introducing the Mabton Mad Cow at a Friday press conference on December 24 former Ag Secretary Veneman made no mention of the fact that the cow originally came from
Canada. When the futures market opened on the following Friday the futures market for all classes of cattle fell. Our market didn't crash like Canada's because ours is mostly a domestic market: we eat what we produce. In Canada they export over half of their production.
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