![]() Climate change has altered the flight paths of many bird species. ![]() However, climate change has also affected the chicken and egg market. The effects of these outbreaks are still being felt. Considering how many traditional Korean dishes contain eggs, the average price of eggs sold by South Korean farmers soared 50 percent. These birds were not raised for meat, but rather for eggs. That same year, the H5N6 flu strain struck South Korea, which resulted in authorities exterminating about 17 percent of the national flock of chickens and 28 percent of ducks. To avoid a full-on outbreak, all farms within six miles of the affected farm in Tennessee were quarantined. As a result of the outbreak, the flock had to be destroyed. The flock consisted of about 73,500 birds, which were used for breeding. In 2017, a chicken farm affiliated with Tyson Foods discovered a flock had been contaminated. Over the last 6 years, avian flu has continued to make headlines and disrupt the market. In 2023, the food supply chain is still facing a number of issues and supply chain disruptions are limiting product availability and driving up prices.Īvian flu continues to be a thorn in the side of the poultry industry. This was namely the spread of avian flu and swine fever, which were depleting global chicken and pork supplies. I wrote that a major threat to the global food supply chain is the risk of airborne pathogens. Now, when I wrote this article, we were months away from everything being turned upside down with the Covid-19 pandemic. These supply chain disruptions were hitting global supply chains due to a variety of reasons, including climate change, natural disasters, and epidemics. ![]() In October of 2019, I wrote about the food supply chain being at risk. However, before we go congratulating ourselves too much, supply chain shortages are still hitting the consumer where it hurts – in their wallet (and their taste buds). Maximum disruptions pushed the gauge to a peak of 4.31 in December 2021. The February reading in the New York Fed’s Global Supply Chain Pressure Index was -0.26, reaching negative territory for the first time since August 2019. Zero marks the historical average, and changes in either direction mark standard deviations from that trend. Actually, when looking a bit closer at the numbers, supply pressures actually fell below normal. ![]() According to the Federal Reserve Bank of New York, nearly three years after Covid-19 was declared a pandemic, supply chains are back to normal. ![]()
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