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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.
Join Purdue agricultural economists on Friday, August 20 as we break down the Purdue Farmland Values and Cash Rents Survey and USDA Land Values report, discuss marketing strategies for 2021 corn and soybean crops, and make projections for 2022 corn and soybean returns.Read More
Webinar each month following USDA’s release of the updated World Agricultural Supply and Demand Estimates (WASDE). Join us Friday, August 13 for our next monthly update on the corn and soybean outlook following release of USDA’s August Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports. Registration is free.Read More