BSE: Impact on Global Meat Markets
.... Beef Trade Stumbles to a Halt
The World Meat Economy: Influencing Factors
WORLD FOOD MODEL
History Revisited: 1996 FAO BSE Simulation Results
What actually happened?
Drop in EU Beef Consumption: More Acute in 2001 than 1996
EU BSE Price Shocks
Potential market impacts: Scenario 1 assumptions
PPT Slide
Consumption effects of the BSE Crisis ( % change with respect to baseline scenario)
Trade Impact of the BSE Crisis ( % change with respect to baseline scenario)
World Price Effects of the BSE Crisis ( % change with respect to baseline scenario)
Meat and bone meal MBM use in EU
Conclusions
More General Consequences: Policy Implications-- 3 million tonnes of beef in EU intervention stocks?
Other Consequences: Unmeasured but with a Cost
Email: Nancy.Morgany@fao.org
Home Page: http://www.fao.org/AGA/AGAP/FRG/FEEDSAFETY/feedsafety.HTM