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Just pretend it never happened…

ConAgra (CAG) filed its latest 10-Q yesterday, which was exactly two weeks after the first case of Mad Cow in the US was reported. Yet despite ConAgra’s large stake in beef feedlots and processing — it still owns about 45 percent of a large beef and pork operation it sold to a group of investors in 2002 and has other financial and supplier relationships with the spin-off — it failed to make any mention of Mad Cow in its 45-page Q. Granted, ConAgra’s second quarter ended on Nov. 23, a month before the USDA announced its findings. Still, it’s fairly common for companies to include a footnote on subsequent events when something big and unusual takes place.