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The farmdoc team discusses the impact and influence of the Coronavirus on farmers and agriculture.  As we learn more we’ll update this page with articles and videos to help inform our audience.

We invite you to use the button on the right to submit questions.  We will do our best to address them during the upcoming articles and videos.

farmdoc daily: Coronavirus and Ag Articles

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Illinois Grain Farm Incomes in 2020

We project net incomes for a typical Illinois grain farm in 2020. Before the onset of COVID-19, 2020 net incomes were expected to be low without a turnaround in exports, likely resulting in pressures to continue Market Facilitation Program (MFP)…

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World Market Conditions Suggest Set-Asides Not an Effective Farm Policy for Corn and Soybeans

As set-asides are discussed as a farm policy alternative, the changing global nature of agricultural production needs to be considered. As world production of corn and soybeans has increased significantly in the past 30 years, the U.S. has lost production…

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CFAP Applications for Livestock and Dairy

Today’s article discusses the Coronavirus Food Assistance Program (CFAP) for livestock and dairy.  The May 28, 2020 farmdoc daily article focused on the application process for grain farms producing commodities eligible for non-specialty crop payments. It is important for producers…

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Making CFAP Applications for Grain Farms

The Coronavirus Food Assistance Program (CFAP) will provide payments to producers of agricultural commodities suffering losses due to the Coronavirus and COVID-19 control measures. Herein, we discuss the CFAP application process, building on general information provided in a May 22,…

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Contemporaneous Perspective on US Federal Debt

Congress has authorized $2.7 trillion in spending to address health and economic issues arising from the COVID-19 pandemic. Government assistance is clearly warranted based on experiences in other sharp market contractions, including the 2008 Great Recession. However, the US has…

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Coronavirus Food Assistance Program (CFAP) Rules Announced

On Wednesday May 20th, the USDA released more information on the Coronavirus Food Assistance Program (CFAP).  In today’s article we provide a broad overview of the CFAP and how payments will be determined for the major eligible non-specialty crops, livestock,…

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Would Commodity Title Choices Change Given COVID-19?

The Coronavirus pandemic and COVID-19 control measures have resulted in dramatically lower commodity prices, leading to questions about whether commodity program selections would be different after COVID-19. Herein we present an analysis of Price Loss Coverage (PLC) and Agricultural Risk…

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Pandemic Relief Update: Economic Injury Disaster Loan Program

The most recent legislation enacted by Congress for relief during the Covid-19 pandemic has clarified that farmers are eligible for a low interest, non-forgivable loan of up to $150,000. Farmers and other agricultural businesses who apply for the loan can…

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Farm Policy News: Coronavirus and Ag Articles

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Senate Releases Draft COVID Relief Measure (HEALS Act), a Follow-Up to CARES Act, but Different From House Passed HEROES Act

Washington Post writers Erica Werner, Jeff Stein and Seung Min Kim reported earlier this week that, “A fraught showdown over the next coronavirus relief bill got underway Monday as Senate Republicans unveiled a $1 trillion package [the Health, Economic Assistance,…

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China’s Restrictions on Food Imports Meet Resistance from Exporters

Last week, Bloomberg’s Mike Dorning reported that, “U.S. health and agricultural authorities issued thinly veiled criticism of new demands from China for food-exporting companies to sign documents stating that they comply with safety standards to prevent transmission of Covid-19.”

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COVID-19 Ag Related Losses Mount, as China Seeks Virus Documentation on Soybeans

Donnelle Eller reported on the front page of Tuesday’s Des Moines Register that, “The Trump administration has sent $4 billion in payments to U.S. farmers to help cover losses due to the coronavirus, part of $16 billion that’s available to provide direct…

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Cause for Concern? Government Programs Increasingly Important Part of Farm Income

DTN Ag Policy Editor Chris Clayton reported last week that, “The American Farm Bureau Federation on Wednesday sent a detailed list of recommendations to Congress to help farmers, stating that even though lawmakers had provided earlier aid, more is needed…

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Federal Reserve: Observations on the Ag Economy- May 2020

On Wednesday, the Federal Reserve Board released its May 2020 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations pertaining to the U.S. agricultural economy.

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COVID-19 Impacts on Livestock Markets Persist, While Fed Says Ag Sector “Under Severe Stress”

Recent news articles continue to highlight the ripple effects COVID-19 is having on some aspects of the U.S. livestock market.  Meanwhile, the minutes from the Fed’s April meeting noted that, “The agricultural sector was under severe stress due to falling…

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China Reiterates Pledge to Implement Phase One Agreement

Bloomberg News reported yesterday that, “China reiterated a pledge to implement the first phase of its trade deal with the U.S. despite setbacks from the coronavirus outbreak, and as tensions escalate between the world’s two biggest economies.”

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Biofuel Issues Abound: Blending Quotas, RFS Waivers, COVID-19 Relief for Ethanol, and Gasoline Demand

Earlier this week, Bloomberg writer Jennifer A Dlouhy reported that, “The Environmental Protection Agency has drafted a plan to slightly lift biofuel-blending targets next year, while so far skirting potentially controversial decisions about exempting refineries from U.S. mandates to use…

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