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Is the US Agricultural Sector Recovering from COVID-19?

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Abstract

The COVID-19 pandemic has lowered the prices of US agricultural products, forced significant shifts in supply chains, and disrupted markets. Earlier this year, the livestock sector was hit significantly hard as processing facilities dealt with large COVID-19 outbreaks that reduced the availability of labor and created backups in the supply chain. To explore the extent of recovery in the US agricultural sector, Schulz and Hart examine USDA's most recent meat, corn, and soybean projections. The data show mixed results for US agricultural products-the prices and projections for some products are down, while others are up from the last outlook.

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  • Lee L. Schulz & Chad Hart, 2020. "Is the US Agricultural Sector Recovering from COVID-19?," Center for Agricultural and Rural Development (CARD) Publications apr-fall-2020-3, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    • Handle: RePEc:ias:cpaper:apr-fall-2020-3
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    1. Qianrong Wu & Wendong Zhang, 2016. "Of Maize and Markets: China's New Corn Policy," Center for Agricultural and Rural Development (CARD) Publications apr-fall-2016-4, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    2. Minghao Li & Wendong Zhang & Dermot J. Hayes & Riley Arthur & Yantao Yang & Xiudong Wang, 2017. "China's New Nationwide E10 Ethanol Mandate and Its Global Implications," Center for Agricultural and Rural Development (CARD) Publications apr-fall-2017-2, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    3. Xi He & Dermot J. Hayes & Wendong Zhang, 2021. "China's Agricultural Imports under the Phase One Deal: Is Success Possible?," Center for Agricultural and Rural Development (CARD) Publications 20-pb29, Center for Agricultural and Rural Development (CARD) at Iowa State University.
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