Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
   
   

Agricultural News


Food Safety Issues Carry Increasingly High Risks for Suppliers

Fri, 03 May 2019 18:14:11 CDT

DENVER (May 2, 2019)—The financial risks and costs associated with food safety are increasing and food suppliers will face continued increases in food safety costs over the coming years. Until there is reliable traceability throughout the food supply chain, the advanced technology that enables faster identification of food safety issues is also increasing the likelihood of more broad-based food advisories being issued.



A new report from CoBank’s Knowledge Exchange Division explains why the stakes are rising for food suppliers in a landscape of continuously evolving food safety challenges, technologies and regulations.



“Contrary to media reports and trending social media, there has not been an increase in food related outbreaks in recent years. This is particularly noteworthy given technology developments, which allow us to better detect food safety issues,” said Crystal Carpenter, senior economist of specialty crops at CoBank.



While our ability to detect food related outbreaks has increased, until traceability improves, this improved detection increases the risk of future advisories, such as the romaine lettuce advisories in 2018.



An advisory is issued when consumers are cautioned not to consume a particular type of product due to a food safety concern, but a specific company or brand is not identified as it would be in a product recall. Carpenter said the unfortunate aspect of an advisory is that it casts a shadow of doubt on all suppliers of a product.



“The total impact of an advisory is much greater than a recall and reaches far beyond the company at the source of the contamination,” said Carpenter. “The entire industry can be negatively affected by an advisory.”



An increasingly complex food chain with many touch points and value-added products has increased the potential points of contact and opportunities for contamination. It has also increased the complexity of traceability. Within the produce supply chain specifically, the greatest challenge in traceability is often in the last mile as product gets closer to the consumer.



“Understanding the risks of food safety incidents, the costs associated with them, and risk mitigation strategies is becoming increasingly critical for profitability and long-term economic sustainability,” said Carpenter. “The financial and reputational implications of a food safety incident can be enormous, and the risk is rising.”



A brief video synopsis and the full report, “Food Safety Trends and Regulations – The Stakes are Rising for Food Suppliers,” are available at cobank.com.

Soure: CoBank

 

WebReadyTM Powered by WireReady®NSI

 


Top Agricultural News

  • OKFB's Steve Thompson Says August Area Meetings will Tackle Important Topics for Producers   Sun, 01 Aug 2021 12:02:12 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m, Friday, July 30  Fri, 30 Jul 2021 14:11:55 CDT
  • Friday, July 30, 2021 Market Wrap-Up with Justin Lewis  Fri, 30 Jul 2021 14:09:38 CDT
  • US Wheat Associates Weekly Harvest Report for July 20, 2021  Fri, 30 Jul 2021 11:35:12 CDT
  • Oklahoma State’s Leon Spicer awarded National Animal Science Honor  Fri, 30 Jul 2021 10:41:47 CDT
  • Request for Information on Drinking Water Contaminants of Emerging Concern for Research Initiative  Fri, 30 Jul 2021 10:22:12 CDT
  • Individuals and Great Plains Kubota Recognized for Achievements at 2021 OCA Convention  Fri, 30 Jul 2021 10:20:15 CDT
  • Research Is Finding Solutions For Human/Black Bear Coexistence  Fri, 30 Jul 2021 10:17:07 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Tulsa Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.

    Our Road to Rural Prosperity sponsors!

    Banc First OPSRC ORWA TPAOO TPAOO

    Search OklahomaFarmReport.com


       
       
    © 2008-2021 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.