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...What is "beef bowl" without the beef? That sounds like a Zen riddle, but it's actually the nightmare playing out at Yoshinoya D&C Co., Japan's leading purveyor of gyudon, a fast-food staple of rice topped with thin slices of stewed beef that's tasty, filling and, at just $2.60 per serving, fantastically popular with students and salarymen...

Author: /time Magazine | Title: Where's the Beef? | 1/26/2004 | See Source »

FOOD FRIGHT Mad-cow disease threatens the U.S. Can Big Beef beat...

Author: /time Magazine | Title: Table of Contents: Jan. 12, 2004 | 1/12/2004 | See Source »

...second-story vantage point at TBone Feeders in Shepherd, Mont., he watches corn trucks rumble in to dump loads of feed. He is worried about the fallout from the mad-cow crisis, but his cattlemen customers are more concerned about the recent U.S. decision to allow imports of boxed beef from Canada as long as it comes from cattle younger than 30 months. "The big packers are making a killing up there, buying Canadian cattle from the feeders at hardship prices, then shipping it down here at a profit of $30 a hundredweight," complains Haaland...

Author: /time Magazine | Title: How Now, Mad Cow? | 1/12/2004 | See Source »

...tradition among cattlemen, of course, to grouse about the power of packers, who are constantly finding ways to cut costs--through mergers, automation and assaults on labor unions. But the three largest companies--Tyson Foods, Cargill and Swift & Co.--have their own woes. About $300 million in beef and by-products like liver and tongue (which American consumers generally disdain) are caught in the pipeline for foreign countries. In the far bigger domestic market, the packers are watching closely to see how consumers respond. Even then, it is unclear how a drop in demand would ripple through the industry...

Author: /time Magazine | Title: How Now, Mad Cow? | 1/12/2004 | See Source »

...probably no coincidence that most of its cattle are fed on grass, not feed concocted from animal parts, which has been banned in several countries--including the U.S.--after being suspected of spreading mad cow. But falling prices in the U.S. could hurt Australian beef, which Americans import for its leaner content. In other words, it is all a mad-cow mess, and no one quite knows where it is going. "This happens in a global economy," says Sigalla, an economist at the Federal Reserve Bank of Dallas, with a sigh. In the meantime, tell your kids to keep those...

Author: /time Magazine | Title: How Now, Mad Cow? | 1/12/2004 | See Source »

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