Will Mad Cow Disease In California Lead To Bankruptcies
As reports continue to stream in regarding the California dairy cow infected with mad cow disease, American consumers are second-guessing their meat choices. The news has even caused two major South Korean stores to pull U.S. beef from their shelves. Could bankruptcy announcements follow? While the USDA investigates the circumstances surrounding the tainted cow, the only thing certain is that the beef industry will likely suffer from the press. But how much damage could the negative coverage do to beef producers and could it be enough to force bankruptcies?...