Monday, April 20, 2020

Members in the News: Glauber, Coffey, Isengildina Massa, Meyer, Thilmany-McFadden, Tonsor, Low, Jablonski, Liu, Fischer, Zhang, Martin, Vos... et al.

Joseph Glauber, IFPRI

Brian Coffey, Kansas State University
Olga Isengildina Massa, Virginia Tech
Farmers are throwing away fresh food and dairy. Food banks want to change that
By: TODAY - April 15, 2020
“It is confusing, certainly when you see all that. That shift in headlines at one time,” Brian Coffey, an associate professor of agricultural economics at Kansas State University, told TODAY.
Even temporary closures will create problems, leaving farmers stuck with a glut of livestock and no plants to break down or package that meat, Virginia Tech agribusiness professor Olga Isengildina-Massa told TODAY.
Read more on: TODAY

Joseph Glauber, IFPRI
Seth Meyer, University of Missouri
For Farmers, Stimulus Bill Means Subsidies Continue to Flow
By: The New York Times, Chicago Tribune, Bluestem Prairie, & Pulse  - March 27, 2020
Farmers in Midwestern states like Iowa, Illinois and Minnesota — as well as in Texas and Kansas — reaped much of the $26 billion spent in the past two years to blunt the economic effect of the administration’s trade policies, according to Joseph W. Glauber of the International Food Policy Research Institute.
Seth Meyer, an agricultural economist with the University of Missouri, said the economic blow to agriculture from the virus could be harder to offset than the lost sales from trade policy.
Read more on: The New York Times, Chicago Tribune, Bluestem Prairie, & Pulse

Dawn Thilmany-McFadden, Colorado State University

Trey Malone, Michigan State University
K. Aleks Schaffer, Michigan State University

Jayson Lusk, Purdue University
Food Distribution 101: What Happens When the Food Supply is Disrupted by a Pandemic
By: Civil Eats - April 15, 2020
As shoppers across the country have stockpiled food in anticipation of weeks or months of eating at home, there has been significant panic at the sight of empty shelves in grocery stores. Experts and food-industry groups have jumped in to assure the public, in various publications, that the American food supply was strong and those shelves do not reflect shortages. Instead, they were said to be a reflection of behind-the-scenes adjustments that need to be made by manufacturers, distributors, and retailers to keep up with where people are eating.
Read more on: Civil Eats

Glynn Tonsor, Kansas State University

Sarah Low, University of Missouri
Dawn Thilmany-McFadden, Colorado State University

Rebecca Jablonski, Colorado State University
Analysis: Shutdown of local food markets may cost nearly $700 million in sales
By: Agri-Pulse - March 19, 2020
A reduction in sales of that magnitude would lead to a payroll decline of $103.3 million, and a total loss to the economy of up to $1.32 billion, according to a paper prepared by the analysts and circulated on Capitol Hill, where lawmakers are negotiating a $1 trillion stimulus package to offset the outbreak’s impact.
Read more on: Agri-Pulse

Yangxuan Liu, University of Georgia
Bart Fischer, Texas A&M University
COVID-19 hammers textiles as cotton farmers hit the fields
By: Agri-Pulse - April 15, 2020
But many farmers don’t have the options Webb has, says Yangxuan Liu, an assistant professor and agricultural economist at the University of Georgia. Corn is pretty much out of the question in the southern state on farms that aren’t irrigated, and many producers are tied to their cotton and peanuts rotation.
"You start shuttering retail stores and that affects the manufacturer, which affects mills and then you start to have billions in contracts being canceled," said Bart Fischer, co-director and research assistant professor for the Agricultural & Food Policy Center at Texas A&M University.
Read more on: Agri-Pulse

Wendong Zhang, Iowa State University
In a sea of red, an inviting patch of green
By: S&P Global Market Intelligence - April 13, 2020
"Over the years, I think more and more institutional investors have considered incorporating farmland as part of the portfolio, especially to balance out volatility in the equity market," Wendong Zhang, assistant professor of economics at Iowa State University, told S&P Global Market Intelligence.
Read more on: S&P Global Market Intelligence

Joseph Glauber, IFPRI
William Martin, IFPRI

Rob Vos, IFPRI
Risk för matbrist när coronaviruset stoppar export
By: OmVärlden - April 2, 2020
Storexportören Kazakhstan har strypt exporten av vete och en av världens viktigaste risproducenter, Vietnam, har skurit ner på risexporten. I coronavirusets spår kan stängda gränser skapa brist på livsmedel. 
Read more on: OmVärlden

William Martin, IFPRI
Rob Vos, IFPRI
Opinion: How to address the impact of COVID-19 on global food systems
By: Devex - April 2, 2020
The International Food Policy Research Institute’s early projections indicate that even under an effective COVID-19 containment scenario, 14 million to 22 million people could slip into extreme poverty and low- and middle-income countries could see a 25% decline in agri-food exports.
Read more on: Devex

Anjani Kumar, IFPRI

Rob Voss, IFPRI

Gopinath Munisamy, University of Georgia
Why are the grocery store shelves empty?
By: Morning Ag Clips - April 15, 2020
While all industries have been seriously affected by the COVID-19 pandemic, food and agriculture have been among the hardest hit segments of the U.S. economy. The primary reason lies in the composition of household food expenditures.
Read more on: Morning Ag Clips

Anton Bekkerman, Montana State University
Montana Ag Network: Recession impacts on cattle markets
By: KTVQ - April 13, 2020
“Take away the supply side of the market and only try to focus on what is going on with consumers,” Bekkerman explained. “What we saw happen in 2008, is as soon as that recession started to hit, is a drop in the demand for both all cuts of fresh meat and the choice cuts of beef.”
Read more on: KTVQ

Trey Malone, Michigan State University
K. Aleks Schaffer, Michigan State University
Price drops, uncertainty, worry: How coronavirus is impacting Lansing-area farmers
By: Lansing State Journal - April 13, 2020
Farmers who need help should shift their immediate focus to understanding the Coronavirus Aid, Relief, and Economic Security Act, better known as the CARES act, Malone and Schaefer said. 
Read more on: Lansing State Journal

Glynn Tonsor, Kansas State University
Lee Schulz, Iowa State University
Livestock prices drop 20%-40% since early COVID-19 news
By: Salina Post - April 14, 2020
Because there are so many unknowns about the pandemic, it’s unclear what the ultimate effect will be on the livestock market, Tonsor said. He and Iowa State University agricultural economist Lee Schulz estimate, however, that 20% less utilization of meat packing plants (because of COVID-19) would result in a 27% reduction in fed cattle prices and a 36% reduction in market hog prices.
Read more on: Salina Post

Scott Brown, University of Missouri
During economic turmoil from COVID-19, how is agriculture holding up?
By: Houston Herald - April 15, 2020
Scott Brown, an associate extension professor of agricultural and applied economics at the University of Missouri's College of Agriculture, Food and Natural Resources, answers common questions about how the agricultural economy is doing during the COVID-19 outbreak.
Read more on: Houston Herald

Nathan Kauffman, Federal Reserve Bank of Kansas City
COVID-19 impact on agriculture webinar series begins April 16
By: The Grand Island Independent & KRVN - April 10, 2020
“Prior to mid-February, many regions and industries appeared to be on solid economic footing with strong labor markets and steady investment activity,” Kauffman said. “In the weeks that followed, however, economic activity dropped sharply alongside developments related to COVID-19.”
Read more on: The Grand Island Independent & KRVN

Kimberly Morgan, Virginia Tech
Virginia MarketMaker Offers Solution For Producers Facing Market Losses Due to COVID-19
By: The Roanoke Star - March 27, 2020
Working with Virginia Tech Department of Agricultural and Applied Economics Associate Professor Kim Morgan, Price helped to integrate Buy Fresh, Buy Local with MarketMaker so that the two databases are now streamlined into one and cover a larger swath of Virginia producers and food businesses.
Read more on: The Roanoke Star

Olga Isengildina Massa, Virginia Tech

Jason Grant, Virginia Tech
How the pandemic could alter the future of food-trade relationships
By: WTOP - April 14, 2020
“If we look at the first few months worth of numbers, the January/February data, those numbers are running 50-60% behind, significantly behind,” said Jason Grant, director of the Center for Agricultural Trade at Virginia Tech.
Read more on: WTOP

Daniel Sumner, University of California, Davis
William Martin, IFPRI
Rob Vos, IFPRI
COVID-19 And Food: California Should Have Enough, Some Farms Struggle While Others Thrive, Farmworker Fears
By: CapRadio - March 31, 2020
“Agriculture is resilient to shocks,” said Dan Sumner, an agricultural economist with UC Davis. “Consumers can be confident that the food is safe and plentiful. That doesn't mean every product is gonna be there all the time.”
Yes, there will be. That’s in large part because there are enough stores of staple items globally to prevent shortages, according to the nonprofit International Food Policy Research Institute.
The group notes that even in China, food supplies have remained adequate, with some stress on poultry and pork supply chains. The one area where the chain is seeing some disruptions is transporting food to stores. 
Read more on: CapRadio

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