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From: TSS (wt-d6-143.wt.net)
Subject: DAILY COMMODITY MARKET October 14, 2004 BSE/TSE Dr. Stanley Prusiner describes the USDA testing as "appalling"
Date: October 14, 2004 at 8:46 am PST

-------- Original Message --------
Subject: DAILY COMMODITY MARKET October 14, 2004 BSE/TSE Dr. Stanley Prusiner describes the USDA testing as "appalling"
Date: Thu, 14 Oct 2004 10:17:09 -0500
From: "Terry S. Singeltary Sr."
Reply-To: Bovine Spongiform Encephalopathy
To: BSE-L@UNI-KARLSRUHE.DE


##################### Bovine Spongiform Encephalopathy #####################

DAILY COMMODITY MARKET COMMENTARY Thursday, October 14, 2004 13:35 GMT
Daily Report
by Traders Exchange Corporation
http://www.tradersexchange.com

snip...

Meats: The Canadian Cattle industry is suppose to test about 8000 cattle
for BSE before year end and are falling way behind of this target. Next
year they are suppose to test 30,000. If they want their borders to open
up for beef trade they better start working overtime. Let's touch base
on Japan they imported last year about 1.3 billion dollars worth of beef
from the United States. Japan has banned U.S. Beef because of the Mad
Cow found in Washington State last December. Japan tests 100 percent of
all cattle for human consumption and Europe tests 1 in 4. What does the
USDA test here in the Unites States??? The European Comm.'s risk
assessment of the U.S. states that young age at slaughter makes it
unlikely that full clinical cases could be detected. Half of the U.S.
cows don't make it past 4 here in the U.S. before being turned into
hamburger meat. Europe test about 2000 times more cattle then what the
U.S. does. The world expert on prion disease Nobel Laureate Dr. Stanley
Prusiner describes the USDA testing as "appalling". Testing of every cow
slaughtered for human consumption in the U.S. is the only way to ensure
the safety of the American people and foreigners that import. Another
recent example is the Gov. of California Arnold Schwarzenegger vetoed a
bill on Oct. 8th SB 1585 which would require public disclosure of
potentially tainted meat. What happened in Washington last December of
discovering Mad Cow Disease is not surprising what is surprising is that
the inadequacy of our testing program actually found it. Traders should
avoid the long side of this market and build long term put positions.
Live and Feeder Cattle are still trading near historical highs...

snip...

http://futures.fxstreet.com/Futures/content/100530/content.asp?menu=commodities&dia=14102004

TSS

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