Remember last month when Japan lifted a two-year ban on U.S. beef?
Do you recall that the ban was lifted with several export agreements in place to help allay Japan’s fear of BSE?
Remember how many of the Japanese supermarkets were waiting to see how both consumers and the U.S. Beef Industry behaved before commiting to purchasing the beef?
It took all of 40 days for the Beef Industry to break the deal. That has to be some sort of record.
From the article:
Japan has halted the import of U.S. beef after an animal spine was found in a shipment at Tokyo International Airport, sparking new concerns over possible tainted meat less than two months after a previous ban was lifted.
For those of you without a scorecard at home, a spine is a big no-no when it comes to BSE.
This whole episode would be comic if it didn’t have several ramifications, including the loss of a 3.1 billion dollar beef market as well as yet another feather in the USDA’s dunce cap.