COVID-19 could cause $689-million decline in sales for farmers
Story Date: 3/24/2020

 

Source: MODERN FARMER, 3/22/20


Researchers say thoughtful stimulus is needed to help producers bounce back. It’s no secret that the COVID-19 pandemic will send shockwaves throughout the economy, but farmers and ranchers who have traditionally relied on local and regional food markets will have a hefty price to pay amid this public health crisis.  How large? In a new report, economists have projected a decline in farmers’ sales of up to $689 million and a payroll decline of $103 million...

For more of this story, click here

























   Copyright © 2007 North Carolina Agribusiness Council, Inc. All Rights Reserved.
   All use of this Website is subject to our
Terms of Use Agreement and our Privacy Policy.