AgriNovus Indiana study finds technology, investment among keys to improving post-pandemic food supply chain

2021-04-05T17:31:50-04:00January 21, 2021|

INDIANAPOLIS (Jan. 21, 2021) – AgriNovus Indiana, a non-profit initiative focused on growing Indiana’s agbioscience economy, released a new study today that found aggregate losses from the global pandemic cost Indiana food producers an estimated $500 million and highlighted a food chain going through disruption and evolution at the same time. Developed in partnership with researchers at Purdue University and the food and agribusiness strategy team at EY-Parthenon, the research report, “Resilience through Disruption” provides a comprehensive analysis of Indiana’s food supply chain, features insights from Indiana producers and makes five recommendations to reduce fragility and improve future resilience of the state’s food supply chain. Key findings from the report include: Aggregate losses attributed to the pandemic across major commodities produced in Indiana (corn, soybeans, hogs, dairy and eggs) are estimated at more than $500 million; During the spring lock-downs, [...]