Via The Des Moines Register: Study: Bird flu cost Iowa economy $1.2 billion.
Bird flu’s deadly march through parts of Iowa cost the economy $1.2 billion, according to a study released Monday.
The tally includes about $800 million in lost egg, chicken and turkey production, along with the goods and services needed for production, and $400 million in lost wages to workers and taxes to federal, state and local governments, said Spencer Parkinson, executive director of Decision Innovation Solutions.
The Iowa Farm Bureau Federation commissioned the Urbandale firm to study bird flu’s economic impact study.
“It’s really astounding that we could lose half of our poultry flock in a couple of months,” said Dave Miller, Farm Bureau’s director of research and commodity services. “Recovery from this outbreak which devastated Iowa egg and poultry farms will not be swift.”
In May, Iowa and Minnesota experts estimated losses from avian influenza at about $1 billion.
Nationally, about 50 million birds were lost to the disease hitting more than a dozen states, including about 9 million chickens and turkeys in Minnesota.
Iowa will lose about 8,500 jobs directly and indirectly from the bird flu outbreak that hit 77 Iowa farms, according to the Decision Innovation study.
That includes jobs lost directly at the poultry barns and jobs lost through the businesses that provide supplies and services to the industry.
“In addition to the lost revenue to producers,” the study says, avian influenza “also has many other adverse consequences on economic activity ... such as lost business for feed suppliers, veterinarians, truck transportation, financial institutions and decreases in government tax revenues.”