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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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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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Impact of COVID-19 on Cattle Finishing Net Returns

COVID-19 has resulted in a dramatic decline in fed cattle prices putting a damper on net return prospects for 2020. In a farmdoc article published in early January, we were expecting net returns to average approximately $40 per head in…

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Corn and Soybeans, COVID-19, and the US Farm Safety Net

A key input into estimates of economic damage resulting from the COVID-19 pandemic is the role of payments by current farm safety net programs.  This article illustrates their importance using a price estimate on May 5 to evaluate COVID-19 impacts…

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The Competitiveness of Ethanol in E10 Gasoline Blends during the Coronavirus Crisis

The restrictions put in place to “flatten the curve” in the fight against the coronavirus pandemic have had enormous and historically unprecedented impacts on U.S. gasoline consumption. The latest weekly data from the EIA indicates that gasoline use is now…

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Farm Policy News: Coronavirus and Ag Articles

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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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USDA Announces Details of Coronavirus Food Assistance Program (CFAP) Aid Payments

Bloomberg writers Mike Dorning and Teaganne Finn reported yesterday that, “President Donald Trump announced rules Tuesday for a $19 billioncoronavirus farm aid package covering a broad swath of U.S. agriculture that producers can begin claiming by next week.”

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A Closer Look at U.S. Pork Exports from USDA’s Economic Research Service

Yesterday, USDA’s Economic Research Service (ERS) released its monthly Livestock, Dairy, and Poultry Outlook, which included updated information regarding U.S. pork exports.  Illinois is a leading pork producing State.

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Amid Phase One Frustration, China Asks Food Companies To Boost Commodity Supplies as COVID-19 Fears Linger

David J. Lynch reported on the front page of Saturday’s Washington Post that, “President Trump on Friday linked China’s handling of the initial coronavirus outbreak with his irritation over slow progress toward implementing the trade deal he signed with Beijing…

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COVID-19 Roils Ag Markets- Income, Food Prices, Production Impacted as Legislators Weigh In

Washington Post writers David J. Lynch, Annie Gowen and Laura Reiley reported this week that, “President Trump promised this year to deliver a financial bonanza for American farmers, boosted by two historic trade deals that would free them from their…

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