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Cattle Futures Take More Hits Amid the Scare.
- Source :
-
Wall Street Journal - Eastern Edition . 12/30/2003, Vol. 242 Issue 127, pC1-C12. 2p. 1 Graph. - Publication Year :
- 2003
-
Abstract
- Reports the mad-cow scare in the United States send prices lower under intense trading on the commodities market. Number of time the Chicago Mercantile Exchange has expanded the daily limits on how far prices can drop since the discovery of a cow with bovine spongiform encephalopathy; Comments from Phil Stanley, an analyst and trader, regarding the activity on the floor of the commodities exchange; Negative impact of the BSE discovery on cattle prices and beef demand, which had been soaring in 2003; Comments from Lisa Howard, spokesperson for McDonald's Corp., regarding stable demand for food products from their fast-food restaurants; Concern about the reaction from other countries relative to demand for U.S. beef.
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 242
- Issue :
- 127
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 11788178