COVID-19 has caused an “agricultural tsunami” – while USDA and DOJ investigate livestock market...
Story Date: 5/12/2020

 

Source: FARM POLICY NEWS, UNIV. OF ILLINOIS, 5/10/20


Donnelle Eller reported on the front page of Sunday’s Des Moines Register that, “The coronavirus has caused an agricultural tsunami that’s ripped through Iowa and the nation. Markets have been disrupted as schools, restaurants and hotels have shuttered, and meatpacking plants are slowing or closing as about 10,500 workers — including 1,650 in Iowa — have tested positive for COVID-19. “Prices have tumbled for Iowa corn, soybeans, pork, beef, milk and eggs. And demand for ethanol, which consumes much of Iowa’s annual corn crop, has plummeted along with oil consumption, as Americans have put the brakes on travel.

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