Topic: Cattle Futures

1 chapters across the catalog

Episode 403

403: Pharmacy in a Fruit

Mad Cow Disease, Cattle Futures Market Manipulation

A reported case of mad cow disease at Baker Commodities in the United States triggered a temporary ban on American beef by South Korean supermarkets. Cattle futures rebounded quickly after hitting a nine-month low, leading to claims that the event was a political and financial maneuver rather than a health crisis. Historical parallels are drawn to the 1929 stock market crash, where journalists were allegedly bribed to "paint the tape" and manipulate stock prices through strategic news reporting.