The COVID-19 outbreak created challenges for the food industry in Asia, with in-restaurant dining suspended in some countries for several weeks. But, demand for pork and beef has proven resilient at the retail level.
USDA says farmers intend to plant 97 million acres of corn in 2020. As COVID-19 acts as an anchor on the markets, and the ethanol crisis continues to unfold, some analysts say 97 million acres could be a stretch.
The world knows how quickly a virus can spread, as COVID-19 extends its tendrils throughout the globe. COVID-19 reminds U.S. livestock producers how critical it is to have a vaccine bank in advance of a FAD threat.