US cattle prices drop over BSE fears

20/06/2005

As a result of the possible BSE cases among its cattle, US cattle prices have dropped to a one-year low, falling 2%. Cattle futures for August delivery have dropped to 80.35 cents. A cow, which had been given a clean bill of health, was found to have BSE after a second test. Authorities say more tests are needed before a confirmation is issued. McDonald's shares have been falling.