KANSAS CITY, MO. – Supply chain troubles are going to continue throughout the meat industry and the world heading into 2022. This reality has stakeholders throughout the agriculture supply chain grappling with contingency plans.
So how will processors and producers deal with this?
On this week’s episode of the MEAT+POULTRY podcast, Cortney Cowley, senior economist at the Federal Reserve Bank of Kansas City, explains why the shortages and chokepoints are happening in not only the meat industry but across the economy.
Cowley discusses existing challenges for agriculture industry import and export markets. She also shares stories from her career at the Federal Reserve Bank of Kansas City and what she’s heard from bankers that could impact the meat industry.
Cowley plans to publish a paper on this subject called, Long-Term Pressures and Prospects for the US Cattle Industry.