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Ethiopia had an average inflation rate of 26% in 2021 and 30% in 2022, something that was largely driven by a rise in food prices; [27] in February 2023, the overall inflation rate reached 32%, [28] and Ethiopia continued to experience high inflation by September 2023, with commonly purchased food items becoming more expensive. [29]
BrucePac, which supplies ready-to-eat meat and poultry products to restaurants and institutions, has recalled an astonishing 9,986,245 pounds of meat products.
Global conditions such as the high food and fuel prices that have persisted in the country since 2008 and the global financial crisis have also contributed to Ethiopia's failing food security. [3] Ethiopia is considered a least developed country ranked 171 out of 182 countries in the UNDP Human Development Index for 2009. [3]
The Ethiopia Commodity Exchange (ECX) is a commodities exchange established April 2008 in Ethiopia. In Proclamation 2007-550, which created the ECX, its stated objective was "to ensure the development of an efficient modern trading system" that would "protect the rights and benefits of sellers, buyers, intermediaries, and the general public."
Coffee harvest in Ethiopia. Coffee, which originated in Ethiopia, is the largest foreign exchange earner. Agriculture accounted for 50% of GDP, 83.9% of exports, and 80% of the labor force in 2006 and 2007, compared to 44.9%, 76.9% and 80% in 2002–2003, and agriculture remains the Ethiopian economy's most important sector. [7]
4.9 million tons of sorghum (4th largest producer in the world) 4.2 million tons of wheat; 2.1 million tons of barley (17th largest producer in the world) 1.8 million tons of sweet potato (5th largest producer in the world) 1.4 million tons of sugar cane; 1.3 million tons of yam (5th largest producer in the world) 988 thousand tons of broad bean
However, for boneless, skinless chicken breast, the amount is much lower. 100 grams (3.5 oz) of raw chicken breast contains 2 grams (0.071 oz) of fat and 22 grams (0.78 oz) of protein, compared to 9 grams (0.32 oz) of fat and 20 grams (0.71 oz) of protein for the same portion of raw beef flank steak.
Chicken as a meat has been depicted in Babylonian carvings from around 600 BC. [7] Chicken was one of the most common meats available in the Middle Ages. [8] [9] For thousands of years, a number of different kinds of chicken have been eaten across most of the Eastern hemisphere, [10] including capons, pullets, and hens.