Word: cattlemen
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...appetite for U.S. beef- producing properties, including ranches, feedlots and packinghouses. Zenchiku, a major Tokyo-based meat importer, bought the 80,000-acre Selkirk Ranch near Dillon, Mont., last October for $13 million. A company called Mt. Shasta Beef, formed by Japanese entrepreneur Masa Tanabe and three California cattlemen, spent $2.2 million in January to lay claim to a 6,000-acre ranch in Northern California's Siskiyou County...
...small time-release capsules slowly dole out the hormones over several weeks during key growth stages. By eliminating as many as 21 days of feeding time before the animals reach the target weight of about 1,000 lbs., the hormone treatments (cost per implant: about $1) save the cattlemen approximately $20 per head, which can be the difference between profit and loss. Producers maintain that the hormones not only help keep U.S. beef prices down but also turn out the leaner meat preferred by consumers nowadays...
Many American beef growers maintain that European meat is more dangerous than the U.S. product. While conceding that some American feedlot operators have been cited for improperly administering approved hormones, the U.S. growers point out that the E.C. ban has fostered a thriving black market among European cattlemen in older, more dangerous compounds like DES. Some growers inject their herds with illicit drugs to cut costs. Last week a Belgian consumer magazine reported a survey of 500 butcher shops in which 25% of the hamburger samples tested contained DES and other illegal chemicals...
...likely to leave U.S. cattlemen with a surplus of liver, sweetbreads and other specialty meats that are popular in Europe. But the American beef industry can probably make up for the lost European business elsewhere, since U.S. producers export more than $1 billion worth of beef every year to Asia, Mexico and Canada, or ten times the value of the meat shipped...
What worries U.S. cattlemen more is the possibility that the hormone dispute will raise new questions about the healthfulness of American steaks and hamburgers at a time when beef producers are struggling for the hearts and grills of U.S. consumers. Because of studies linking health problems with a heavy diet of red meats, Americans have reduced their average consumption of beef since 1976 by 23%, from 94.4 lbs. to 72.5 lbs. a year. As a result, ranchers have already reduced their herds by about one-fourth...