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Article: WISCONSIN FARMERS COULD SUFFER MAD COW DISEASE SENDS CATTLE FUTURES PRICES DOWN.(BUSINESS)
- Article from:
- The Wisconsin State Journal (Madison, WI)
- Article date:
- December 25, 2003
CopyrightCOPYRIGHT 2003 Capital Newspapers. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Jason Stein Business reporter
Wisconsin beef farmers reacted with dismay as cattle futures prices dropped their limit Wednesday following a probable discovery of mad cow disease in a U.S. cow.
When the news of the preliminary finding of mad cow disease in a Washington state animal broke late Tuesday, it raised questions for cattleman Mark Riechers of Darlington about the prices his animals will fetch in the coming weeks and months. With beef prices at historic highs, Riechers paid high prices for the hundreds of cattle he's fattening for slaughter.
"I bought these cattle in a strong market and I need to sell them in a strong market or I will go backward ...