Mad cow - hype consumption! "Mad cow scare could help U.S. restaurants"

[salin]

Mad cow scare could help U.S. restaurants

Posted 1/5/2004 2:52 PM

By Deborah Cohen and Nichola Groom, Reuters
CHICAGO/NEW YORK — U.S. burger joints and steakhouses may actually be poised to benefit from the mad cow disease scare, as beef prices continue to drop.

Restaurants selling everything from filet mignon to fast food have said in recent days that sales of hamburgers and steaks have been holding steady since the news Dec. 23 of the first domestic case of mad cow disease.

Now, industry analysts now wonder if an expected oversupply of beef because of overseas bans on U.S. imports will help restaurants that rely on beef for a major percentage of their sales.

(snip... and looking of the angle of the story... read on)

The National Cattlemen's Beef Association said last week that 44,000 metric tons of U.S. beef exports valued at $350 million must find a home after being caught in transit on container ships destined for Japan, South Korea, Russia and other buyers.

(More): http://www.usatoday.com/money/industries/food/2004-01-05-madcow-benefits_x.htm

[POed_Ex_Repub]

1. Yeah, I know I always rush out to buy contaminated food.

:9

[DrWeird]

2. You mean McDonald's prices will go down?

Wow, people who eat there get the benefit of lower prices and don't have to worry about mad cow because their burgers are made from refried saw dust.

[KoKo]

3. As Marie Antoinette said: "Let them eat BEEF!" (sorry couldn't resist)

it's all getting so "over the top" who knows? :shrug: