With many farmers markets around the U.S. shut down to respect the need for social distancing and decrease the spread of COVID-19, thousands of growers are left with no market and no options for their products.
Cattle markets will continue to be influenced by uncertainties from coronavirus, and the sharp selloff in financial markets. The DOW closed the week with a 1,985-point gain (9.4%), the DOW’s largest ever one-day gain.
The United States Cattlemen's Association (USCA) called on the U.S. Department of Agriculture to take immediate steps to address the impact the Coronavirus (COVID-19) is having on the U.S. cattle market.
While the urge is to return to our work and business once COVID-19 cases peak, a Texas A&M AgriLife Research virologist and plant pathologist says one must only turn to the plant world to see that would be a mistake.
The beef cattle industry will receive $5.1 billion of CFAP funding to partially offset 2020 losses due to COVID-19. USDA expects to begin sign-up in early May and distribute payments by late May or early June.