Two years ago, a European Union-wide health alert was sparked when German officials said animal feed tainted with dioxin had been fed to hens and pigs, contaminating eggs, poultry meat and pork at affected farms.

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Rising oil prices and extremely loose monetary, though, also feed the possibility of stagflation, as Philadelphia Fed President Charles Plosser has warned.

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If the bond markets read and believe the Fed's signals, short rates will feed through into long rates almost immediately.

ECONOMIST: A stimulating status quo

He sees falling unemployment as a Fed-boosted number, yet one that will feed business and consumer confidence.

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The immediate, and for the Fed most relevant, danger is that asset inflation could feed through into broader goods and services markets.

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Then the cows are fed chicken litter containing the feces and potentially prion infected chicken feed from the rendering plant.

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