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#3: Supply Chain
SP
by
Seth Pringle
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Updated Oct 24, 2021
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Chapters
00:00
Chapter 1
00:12
Chapter 2
00:47
Chapter 3
01:12
Chapter 4
01:13
Chapter 5
01:32
Chapter 6
01:33
Chapter 7
01:34
Chapter 8
02:18
Chapter 9
02:56
Chapter 10
03:25
Chapter 11
03:26
Chapter 12
03:28
Chapter 13
03:29
Chapter 14
03:50
Chapter 15
04:24
Chapter 16
04:25
Chapter 17
04:58
Chapter 18
04:59
Chapter 19
05:13
Chapter 20
05:15
Chapter 21
05:16
Chapter 22
05:51
Chapter 23
05:52
Chapter 24
06:22
Chapter 25
06:57
Chapter 26
06:58
Chapter 27
Audio Transcript
Auto-generated
00:01 - 00:05
Hi, welcome to my presentation on the bacon supply chain
00:06 - 00:10
as linked to the pork industry in the United States.
00:10 - 00:12
My name is Seth Pringle and let's get started.
00:15 - 00:17
So to start off, we have bacon demand.
00:18 - 00:23
Several supply changes have arisen surrounding the pork industry as
00:23 - 00:23
of late.
00:24 - 00:27
According to your research article by Plan intensity.
00:28 - 00:31
Over the past 40 years, pork supply chain has been
00:31 - 00:32
shifting towards vertical coordination.
00:33 - 00:37
Not vertical coordination is when producers will buy out supply
00:38 - 00:44
suppliers businesses and therefore they cut out the middleman and
00:44 - 00:46
decrease the prices it takes to supply.
00:47 - 00:50
Thanks. Mhm.
00:50 - 00:53
Some other improvements that have helped to meet demand on
00:53 - 00:59
pork. Our technological improvements, for example, the alteration of animal
00:59 - 01:03
genetics produce leaner hogs to to cater to a diverse
01:03 - 01:04
group of consumers.
01:05 - 01:09
Also, producers and marketers have induce risk sharing agreements that
01:09 - 01:11
have to stabilize an unstable pork market.
01:16 - 01:17
Why did demand change?
01:17 - 01:19
Well, simply demographic has changed.
01:20 - 01:24
In America, ethnic populations have increased faster than the average
01:24 - 01:26
growth rate of the total population.
01:27 - 01:30
So a variety of pork products now being produced and
01:30 - 01:34
consumed. Mhm.
01:38 - 01:39
So I came back to the topic of demographics.
01:41 - 01:43
There's one race has consistently consume more pork than other
01:44 - 01:46
racism. America and that would be african americans.
01:47 - 01:52
Cosine is deemed as soul food And that originated by
01:52 - 01:56
the Black Power Movement in the 1960s and 70s, African
01:56 - 02:01
Americans consume nearly 92 Within their population density of Pork,
02:02 - 02:06
meaning that 92% of the population consumes some variety of
02:06 - 02:11
Pork Contrasting this with white Americans, only 79% of them
02:12 - 02:16
airport population density, higher ethnic values may surround pork for
02:16 - 02:18
black americans due to history of racial capitalism.
02:24 - 02:25
The transatlantic slave trade.
02:26 - 02:28
According to Herbert Kobe in his book, what the slaves,
02:29 - 02:32
eight enslaved people were given 3 to £4 of pork
02:32 - 02:36
per week supplementing with quote unquote soul food staples like
02:36 - 02:38
corn, bread, catfish and quick greens.
02:40 - 02:42
Today this day seemed as a movement within black and
02:43 - 02:44
race culture within America.
02:46 - 02:46
It may be said.
02:46 - 02:48
This committee has higher exchange value for african americans.
02:49 - 02:52
Within the context of higher rates of poverty, White Americans
02:53 - 02:56
consuming 90 um have lower rates of poverty.
02:59 - 03:04
Additionally, can close the doors and the age of exploration
03:04 - 03:06
introduced pork to native americans.
03:07 - 03:11
Um, Native americans figured out a poor quality, took a
03:11 - 03:13
year's time to feed and then they would be able
03:13 - 03:15
to feed their family throughout the winter.
03:15 - 03:19
So eventually they started stealing pigs from settlers.
03:20 - 03:22
There was this ability to feel one family that allowed
03:23 - 03:25
native americans to give pork high exchange about you.
03:33 - 03:35
Now with the supply chain in the context of COVID-19
03:37 - 03:41
Um, Bacon set had a high record of 700 $7.09
03:42 - 03:42
in August.
03:43 - 03:47
That's nearly 50% increase over the past 10 years from
03:47 - 03:49
August 2011 when it was nearly $5.
03:52 - 03:54
Some reasons might have happened or because of the african
03:55 - 03:59
swine fever, which has been significantly affecting chinese production In
03:59 - 04:06
which China actually holds 50% of um Hi populations around
04:06 - 04:06
the world.
04:08 - 04:12
Um, They've lost nearly 40% of their swine inventory between
04:12 - 04:16
2019 and 2021 due to the african swine fever.
04:18 - 04:22
According to farm Palestinians dot com, raising chinese imports has
04:22 - 04:23
slowly increased U.
04:23 - 04:24
S. Prices on pork in recent years.
04:28 - 04:30
Covid 19 is off so called strife in the U.
04:30 - 04:31
S. Pork industry.
04:31 - 04:34
According to the denver china dot com.
04:34 - 04:38
When schools started to lose or started to close, bacon
04:38 - 04:39
was bought much less.
04:39 - 04:42
This caused producers to cut back on the boat when
04:42 - 04:42
they bought.
04:43 - 04:47
Additionally, many major meatpackers were forced to shut down due
04:47 - 04:50
to COVID-19 outbreaks, Farmers were then forced that then their
04:51 - 04:54
herds to cut back on the cost demand for pork
04:54 - 04:54
has now.
04:54 - 04:58
Restudied supply has been struggling to get back to reach
04:58 - 04:59
that demand.
05:02 - 05:06
And again as immigration steadily increases the demand for pork
05:06 - 05:09
and variety has increased as consumer preferences have also changed
05:09 - 05:13
as the increasing diversity has entered the country in the
05:13 - 05:13
recent years.
05:14 - 05:19
Okay. Yeah.
05:21 - 05:23
Also within the United States, there's been a rise of
05:24 - 05:28
what is called environmental racism in north Carolina Pig population
05:28 - 05:31
in North Carolina has risen threefold from three million to
05:31 - 05:34
nine million pigs over the last 330 years and I
05:34 - 05:37
quote from interview by the garden, that scent is so
05:37 - 05:40
bad, you can't go outside, you can't go outside and
05:40 - 05:42
click anything because the flies and mosquitoes takeover.
05:43 - 05:46
The process is disproportionately affect african americans.
05:46 - 05:48
Hispanic native americans.
05:50 - 05:59
Yeah, Us pork industry relies on foreign labor and currently
05:59 - 06:03
is in a labor shortage Even without COVID-19 challenges the
06:03 - 06:07
labor shortage threatened to increase production costs and keep food
06:07 - 06:10
prices for consumers to keep costs down.
06:10 - 06:14
Producers rely now on Visa programs, existing visa programs are
06:14 - 06:18
designed for seasonal agriculture and reform is needed to address
06:18 - 06:21
the animal care and other requirements of year round livestock
06:22 - 06:27
agriculture. The M.
06:27 - 06:27
P. P.
06:27 - 06:30
C. Wants to reform the H.
06:30 - 06:30
Two A.
06:30 - 06:32
Visa to make it easier to bring in labor of
06:32 - 06:34
other countries to the american pork industry.
06:35 - 06:36
Do you have C.
06:37 - 06:42
W. Commended a new effort by the National pork Producers
06:42 - 06:46
Council to exploit the coronavirus outbreak to cut jobs for
06:46 - 06:49
american workers through a needless expansion of the U.
06:49 - 06:50
S. Guest worker program.
06:51 - 06:54
Basically we saw this as a displacement of american workers
06:55 - 06:56
and a fattening of corporate profits.
07:01 - 07:04
All right, that would be all for my presentation on
07:04 - 07:05
the bacon supply chain.
07:06 - 07:13
Um As you can see in this presentation there are
07:13 - 07:14
some juxtapositions too.
07:15 - 07:21
Um Patrick roberts sends black Marxism where as the U.
07:21 - 07:24
S. Pork industry becomes more largely depend on foreign born
07:24 - 07:28
workers. This focus on labor reform and exploitation of minority
07:28 - 07:31
lands or the form of liberalism and capitalism that cedric
07:31 - 07:37
Robinson defense also implications of Marxist ideas of the free
07:37 - 07:40
labor can be drawn specifically to this mode of production
07:41 - 07:43
and labor reform that is being pushed for but M.
07:43 - 07:43
P. P.
07:43 - 07:47
C. But again, people are seeing this as a needless
07:48 - 07:51
expansion and exploitation of the guest worker program.
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