nav Searchuser
Hebei Lansheng Biotech Co., Ltd.
Beijing Multigrass Formulation Co., Ltd.

University of Illinois leaders discuss coronavirus impact on agricultureqrcode

Mar. 24, 2020

Favorites Print
Forward
Mar. 24, 2020
The coronavirus pandemic is causing unprecedented disruption to US and global economies. Leaders with the University of Illinois hosted a webinar to discuss the impact of COVID-19 on agriculture.

Gary Schnitkey says the industry is facing supply chain challenges as consumers change their buying patterns.

“There’s been some shortages and most of those shortages are because of consumer behavior…” he says. “Our first major concern is keeping our supply chain functioning and those would be primarily related to meat, dairy, egg, and produce – those perishable commodities.” 

Farmers are also facing a difficult decision-making environment because of the rapidly changing situation. But, Todd Hubbs says it’s too early to say if there will be a shift in acreage.

“It’s a little bit early- let’s see how this thing moves over the next few weeks,” he says. “We may get back to some sort of business a little bit quicker than many of the commentators are now speculating- that would be my preference and hopefully that’s the case.”

Congress is putting together an economic stimulus package, but Jonathan Coppess says he believes it’s too early to discuss another round of Market Facilitation Program payments.

“From my perspective, it is way too early to be talking about another MFP-type or another direct assistance given we have such vast uncertainties around the economy, around this pandemic, and frankly around planting,” he says.

The farmdoc team is hosting a series of live webinars to discuss the coronavirus pandemic,

Picture 0/1200

More from AgroNews

Magazine

2020 Biologicals Special 2020 Formulation & Adjuvant Technology
Annual Review 2019 Chinese issue of Annual Review 2019
2019 CRO & CRAO Manual 2019 Market Insight
Subscribe Comment

Subscribe 

Subscribe Email: *
Name:
Mobile Number:  

Comment  

Picture 0/1200

Subscribe to daily email alerts of AgroNews.