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The COVID-19 impact on agriculture

Our world experienced (and is still enduring) permanent change as a result of the COVID-19 global pandemic. The COVID-19 impact on agriculture is a broad and evolving part of this change. We’ve brought attention to broaden the timeline and forecast how it will shape life beyond the pandemic. To start the conversation, we’ve connected with company leaders and experts in different sectors of agriculture. We wanted to discuss how the pandemic is affecting their work and the longer-term implications for how they conduct business. But most of all, see what the COVID-19 impact on agriculture is coming out to be.

Our blogs that breakdown the impact on specific sectors, including:

  • Farm machinery: Protective measures for essential workers are in the short-term forecast, however, labor shortages in the long-term may put a strain on the farm machinery sector.
  • Local and global ag markets: Instead of a slowdown, a volatile marketplace is characterized by whipsawing prices in the crop and livestock sectors.
  • Ag technology: A restructuring of the ag technology sector could mean a step toward more industry-wide financial stability and consistency of product offerings.
  • The future of farming: Despite closures, supply chain stakeholders are optimistic that redundancies will help plants remain operational to keep agriculture supply channels filled.
  • Food supply chain: The domestic and global food supply chain — from the farm to grocery shelves — will look different than it did before the COVID-19 pandemic — especially with further implementation of safety measures to adapt to the virus.
  • Farmland: In the short-term, COVID-19 minimally impacted farmland market value. Long-term, crude oil price volatility and interest rates will also affect land value.
  • Meat processing: The viability of meat processing during COVID-19 exposed its vulnerabilities and questioned its resilience if disrupted. Here’s what the experts say.

How is the COVID-19 pandemic affecting your business? Let us know and let’s put our heads together to create solutions for some of the ways COVID-19 is challenging life in 2020 and beyond.

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