Mad cow disease benefits American soybean industry (12.18)

According to the Canadian News Agency, due to European mad cow disease, it is prohibited to use animal raw materials as feed, so it is likely to cause the explosive growth of soybean export in the United States, thus benefiting American farmers The U.S Department of Agriculture said the European Union banned the use of animal meat and bone as feedstuff to prevent the spread of BSE, which is expected to require an additional 1 million 300 thousand tons of soybean meal The increase of export volume will help to raise the price In this month's world agricultural supply and demand report, the U.S Department of Agriculture estimates that the average soybean price in the United States this year is 4.8 US dollars per bushel (1466.55 RMB per ton), 10% higher than last month's forecast and 17% higher than 1999's average BSE, or bovine spongiform encephalopathy, is transfected in animals that eat in the same pasture If humans eat infected meat, it can cause human disease (the name of the disease is Creutzfeldt Jakob) The U.S Department of agriculture lowered its corn price forecast by 5 cents to $1.85 per bushel (603.07 yuan per ton) due to low global demand and increased production In the 1990s, the price of corn, soybean and other agricultural products dropped sharply because of the expansion of total production and the decline of demand in Asia and Russia, which has not yet rebounded Corn exports from the United States fell significantly this quarter due to GM problems Argentina's corn exports have increased by 1 million tons this year Such a big competitor has hit the United States hard The U.S hopes to export 2.2 billion bushels (55.88 million tons) of corn this year, 75 million bushels (1.95 million tons) less than the Department of agriculture predicted last month Last year, U.S corn exports totaled 1.94 billion bushels (49.276 million tons) Soybean and corn production in the U.S this year has reached a record