April 20, 2020
COVID-19’s Impacts on U.S. Food and Agriculture Webinar
The recording of our April 20th COVID-19’s Impacts on U.S. Food and Agriculture webinar is available for viewing. Slides used during the presentation are also available for download.
COVID-19 is disrupting U.S. food distribution and marketing, reducing demand for key agricultural commodities and producing severe financial pressure among agricultural producers. Purdue ag economists Jayson Lusk, Michael Langemeier and James Mintert discuss what’s happened to retail and wholesale food markets and how supply chain issues have produced stock-outs at retail. They also examine the impact demand destruction is having on corn and soybean markets, what it means for crop revenue and how it could impact program payments for producers who recently enrolled in either USDA’s ARC or PLC programs. The impact on meat and livestock markets has been especially severe and they discuss how packing plant shut-downs are affecting both livestock producers and retail consumers.
TAGS:
TEAM LINKS:
RELATED RESOURCES
Fed cattle prices are near record highs, but cattle finishing margins could remain under pressure through the rest of 2026 and into 2027. Michael Langemeier explains what’s driving the squeeze, from feeder cattle prices and feeding costs to historically high breakeven prices.
UPCOMING EVENTS
Join educators from across the Midwest to build skills for communicating soil health concepts on Nov. 4-5, 2026. In the field, we’ll evaluate the relationship between soil health and water management focusing on irrigation and edge of field practices. The in-service will have both classroom and on farm demonstrations.
The Land of Opportunity: A Conference for Farmland Owners will be held at two locations on October 5 and October 6, providing farmland owners with valuable information and resources to help them make informed decisions about their land. The conference will feature keynote presentations, educational breakout sessions, and networking opportunities designed specifically for those who own, manage, or have an interest in farmland.