Spanish beef market collapses


2 February 2001



Spanish beef market collapses

By FWi staff

SPANISH beef prices have fallen 6% in the past week, and have declined 25% since the country detected its first BSE cases in November, reports the Financial Times.

Ministry figures showed that beef was sold at an average of Pta366/kg (Euro2.2/kg) in the week to 28 January.

Spain has confirmed 12 cases of BSE. Beef consumption fell 34% between October and December.

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