2013 Kellogg Risk Summit Program
Kellogg Risk Summit on Food and Agricultural Risks: Safety, Sustainability, Supply, and Impacts to Profits
The food and agribusiness industry has recently experienced many unexpected changes and impacts to profits. Commodity prices have swung wildly, impacting many firms, with environmental factors now a significant driver. Widespread concerns of food safety have become more concerning in scale and complexity (horse meat in Europe, E. coli in the US, tainted milk from New Zealand). Adding to the pressure, we see consumers, especially in the US and Europe, demanding food produced by more sustainable means. So, the food producers and participants in the food supply chain are facing risks from many angles, including concerns of supply availability, safety, and sustainability, with impacts to profits from these risks being more concerning. These risks are expected to be with the industry for some time, and new approaches to dealing with these are likely needed. The Kellogg Risk Summit will assemble a group of industry thought leaders to explore these topics and how firms should deal with such risks.