Sunday, February 19, 2006

Ostrich feather crash, can we learn form it?

The main contributors for the ostrich feather crash was a change in market, South Africa supports Allies in World War I and the hardships experienced by the farmers during the 1910-1915 period.

100 years later and todays factors that influence are: South Africa does not hold monolpoly in the ostrich industry. The ostrich industry has spread to Canada, Turkey, Israel, Australia, Mexico, Spain, China. Bird flu spread has limited distribution of ostrich products, manufacturing has moved to China and harming the American market. Without governmnt subsidy farmers are finding it difficult to compete internationally.

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