Questions and answers about COVID-19 and how they may impact agriculture will be updated as new information becomes available and additional questions will be added weekly.
This FAPRI-MU report presents a summary of the 10-year market outlook with continued trade friction with China as well as a Phase 1 scenario.
Check out this suite of integrated tools to help make choices for the 2018 farm bill.
FAPRI-MU Report #05-20: This report utilizes commodity supply, demand and price projections from the FAPRI-MU baseline update released in August 2020 (FAPRI-MU Report #04-20). Historical farm income figures are from USDA’s Economic Research Service and reflect the revision made in early September 2020 to previous estimates of 2019 farm production expenses and farm income.
FAPRI-MU Report #04-20 provides an update of the 2020 FAPRI-MU long-term baseline to reflect information available in mid-August 2020.
We expect to provide estimates of government costs and farm income shortly after USDA releases updated estimates of 2019 farm income on September 2, 2020.
FAPRI-MU Report #03-20: The outbreak of COVID-19, as well as U.S. government response to the outbreak, continues to impact agricultural markets, disrupting supply chains, shifting consumer demand and expanding government outlays. This update incorporates only government payment programs that were announced before June 1, 2020. Thus, it includes $16 billion in Coronavirus Food Assistance Program (CFAP) payments in 2020, but does not assume any additional programs that might be created.