Articles tagged under: coronavirus
Large Losses Expected for U.S. Pork Producers in COVID-19
Published April 15, 2020
According to an economic analysis by Iowa State University economist Dermot Hayes and Kerns & Associates economist Steve Meyer, hog farmers will lose nearly $37 per hog or almost $5 billion collectively for each hog marketed the rest of the…Study Estimates COVID-19 Cattle Industry Losses at $13.6 Billion
Published April 15, 2020
Cattle industry losses as a result of the COVID-19 pandemic are estimated to reach $13.6 billion. That’s according to a study by Oklahoma State University to help USDA allocate CARES Act relief funds to cattle producers. The study shows cow-calf…MN Lawmakers Pass Fourth Coronavirus Relief Bill
Published April 14, 2020
Minnesota lawmakers passed a fourth coronavirus relief package on Tuesday. There are a few key pieces for agriculture included in this coronavirus relief package. Senate Agriculture, Rural Development and Housing Finance Chair Torrey Westrom explains the bill temporarily extends the…AgCountry Farm Credit Services Can Access SBA Loans
Published April 14, 2020
AgCountry Farm Credit Services now has access to the Small Business Administration’s portal to administer the Paycheck Protection Program loans. "We have links to the applications on our website. We are encouraging farmers to download an application, fill it out…Peterson Asks USDA to Purchase Excess Products
Published April 14, 2020
House Agriculture Committee Chairman Collin Peterson sent a letter to Agriculture Secretary Sonny Perdue on Tuesday urging the administration to purchase excess ag products during the coronavirus. In the letter, Peterson said purchases by the USDA can help ensure the…Second JBS Beef Plant Temporarily Shuts Down
Published April 14, 2020
JBS USA is closing its Greeley, Colorado beef packing plant until April 24 after more than 50 employees tested positive for coronavirus. The facility will wind down operations over the next two days to ensure existing product in the facility…USDA Releases New Coronavirus Resource
Published April 13, 2020
USDA released a COVID-19 Federal Rural Resource Guide today (Monday). This first-of-its-kind resource for rural leaders outlines federal funding and partnership opportunities to address the pandemic. The guide is available at usda.gov/coronavrius.Second Smallest Feeder Cattle Volume Reported
Published April 13, 2020
Negotiated purchases of feeder steers and heifers nationwide was 28, 923 head last week. This is the second smallest volume reported since mandatory USDA reporting started in 2001. The lightest volume on record is the week of December 15, 2003…National Leader Offers Words of Encouragement on COVID-19
Published April 13, 2020
When in uncertain times and continue market volatility, some positives can come from a negative situation. That’s according to National Cattlemen’s Beef Association President Marty Smith, who shares this piece of advice. "I hope everyone would focus back on their…