Threats to Food System A risk assessment of the impact of COVID19 on the U.S. food system includes the following:
Only a small handful of countries have announced export bans on things like wheat and flour, items not needed in the U.S. Foods that are imported by Americans include high value products like cheese and wine from Europe, fresh fruits and vegetables from Mexico and Central and South America, plus low grade beef.
U.S. farmers are forecast to produce record levels of some commodities this year.
To prevent food borne illnesses, food processing companies are already set up as a microbiological control point (workers wear gloves, masks, do daily washdowns, etc.).
Warehouses are stocked with 7 -9 months of shelf-st...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...