@Risk

The food supplies of Afghanistan and nine African states are those most at risk and vulnerable to rising costs, based on results of the Food Security Risk Index 2010, released last week by Maplecroft.

The Index uses 12 criteria developed in collaboration with the World Food Programme to evaluate risks to the supply of basic food staples for 163 countries. These criteria include: the nutritional and health status of populations, cereal production and imports, GDP per capita, natural disasters, conflict, and the effectiveness of government.

Following these calculations, Maplecroft rated Afghanistan as least secure in food supplies, while also ranking the African nations of the Democratic Republic of Congo (2), Burundi (3), Eritrea (4), Sudan (5), Ethiopia (6), Angola (7), Liberia (8), Chad (9) and Zimbabwe (10) as “extreme risk.” In all, African nations make up 36 of the 50 nations most at risk in the index. (more…)

Global trade activity held steady in July –and that’s certainly good news. But does a “holding steady” trend like this signal a robust recovery? Panjiva doesn’t think so.

The latest report from Panjiva shows that last month there was a 0.2 percent increase in the number of global manufacturers shipping to the US market, and a 0.5 percent increase in the number of US companies receiving waterborne shipments from global manufacturers. In addition, Panjiva found that: (more…)

Federal officials now estimate that as many as half a billion salmonella-tainted eggs have been circulating in the US food supply over the past few months. Hundreds, if not thousands, of people have been sickened with salmonella linked to the contaminated eggs, prompting three recalls over the past two weeks –the third was issued last Friday.

A small handful of egg farms in Iowa appear to be at the center of the outbreak. Two of these farms are operated by Hillandale Farms of Iowa, one of the largest egg companies in the US; Wright County Egg Farm operates the other five. These farms share several common suppliers, including those for chicks and feed. According to the AP, this supplier has a history of violations and controversy. (more…)

A voluntary system to trace livestock movement across state lines has fallen short of expectations, and so the US Department of Agriculture is drafting more stringent regulations.

Federal officials are working on a new system that involves mandatory regulations because they want to make it easier to track diseases such as brucellosis and tuberculosis in livestock.  According to an article in The Billings Gazette, more than 19 million of the nation’s 30 million beef cows and 9 million dairy cows crossed state lines in 2009. But, data from 2006 and 2007 show that only about one quarter (28 percent) of the nation’s adult cattle had any form of official identification that would allow them to be tracked.

Although this animal disease traceability system is focused on animal health, it can also help promote a safe, healthy food supply. For example, a USDA fact sheet says that: (more…)

Optimists are known for saying, “Every cloud has a silver lining,” and now, new survey results indicate that, at least with regard to the recession, they may be right.

The July 2010 Korn/Ferry Executive Quiz, which polled senior executives and board members from across the world, shows that in the aftermath of the recession and multiple high-profile financial meltdowns, many organizations are approaching risk differently. In fact, they’re now actively identifying and addressing their own risk management issues more than ever before.

For example: (more…)