Subject category:
Economics, Politics and Business Environment
Published by:
IBS Case Development Center
Length: 11 pages
Data source: Published sources
Topics:
Mad cow disease and USDA; United States Department of Agriculture; United States beef industry; Protectionism; Trade tariffs; World Trade Organisation (WTO); Anti-dumping; International beef market; Economic implications of beef ban; The US economy; Beef imports and exports; UN Food and Agricultural Organisation; National Cattlemen's Beef Association; Ann Veneman; European Union ban on US beef
Abstract
In 2003, the US beef industry had a major set back with the outbreak of Bovine Spongiform Encephalopathy (BSE) also called mad cow disease. There was an immediate impact on the US beef industry as there was a ban on the US beef from trade partners. United States Department of Agriculture (USDA) an organisation that was set up to safeguard the interest of the farmers and ranchers, had a tough time in getting back the lost trade. But inspite of the initiatives of the USDA, lifting of the ban seemed grim. This case elicits a discussion on the economic implications on the US beef industry after the outbreak of mad cow disease and the measures taken by the USDA in this regard.
About
Abstract
In 2003, the US beef industry had a major set back with the outbreak of Bovine Spongiform Encephalopathy (BSE) also called mad cow disease. There was an immediate impact on the US beef industry as there was a ban on the US beef from trade partners. United States Department of Agriculture (USDA) an organisation that was set up to safeguard the interest of the farmers and ranchers, had a tough time in getting back the lost trade. But inspite of the initiatives of the USDA, lifting of the ban seemed grim. This case elicits a discussion on the economic implications on the US beef industry after the outbreak of mad cow disease and the measures taken by the USDA in this regard.