Mad cow disease discovery not likely to threaten beef industry
April 26 (Bloomberg) — The first time mad cow disease appeared in the US, beef exports plunged 82 percent. More than eight years later, the discovery of an infected dairy cow in California may do little to prevent shipments from surging to a record …
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Mad cow disease discovery not likely to threaten beef industry
April 26, 2012 By 4 Comments
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1. Background and key issues By the beginning of 2012, only one of the original six ACP beneficiary countries of the beef protocol – Namibia – was still beef to the EU, despite the granting of full duty-free, quota-free access to all least-developed countries (LDCs) and countries that had initialled interim Economic Agreements (EPAs). This was in a result of animal disease outbreaks (which also affected regional trade flows) but also because CAP reform had reduced the value of beef sector trade preferences, while stricter EU sanitary and phytosanitary (SPS) and food safety controls increased production costs. In 2010 and 2011, rising global beef prices (+43% between January 2010 and January 2012) reduced the relative attractiveness of the EU market. A key issue for ACP beef to the EU is the EU’s current expansion of duty-free access for high-quality beef from qualifying non-ACP countries, increasing competition on the markets that…
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