Ag Trade in a post-Coronavirus World (Successful Farming)  

Successful Farming published an article on how the U.S. agricultural trade policy, China’s push to reconfigure international supply chain lines, the entrance of Brazil and Ukraine into the commodity export markets, and the coronavirus pandemic have all disrupted the once relatively stable U.S. corn and soybean export markets. Senior Research Fellow Joseph Glauber stated, “Obviously, the direct impact on the health of farm labor and workers in the meatpacking plants rise to the top. Also, disruption of supply chains causing rising retail prices as producers prices fall. We’re seeing a huge decline in projected motor fuel use. As a consequence, ethanol plants are shutting down. Once the coronavirus disruptions are over with, hopefully global trade will return too.”