The coronavirus is having a ripple effect on commodities since the outbreak hit U.S. shores.
Grocery stores shelves are in a constant flux. Many bare or picked over as consumers return to eating at home.
California growers, who have faced water and drought problems in the past, say there’s a bigger scare ahead of them, which could potentially jeopardize production and leave more than 1 million acres fallow.
Fears of the coronavirus continue to haunt the stock market despite the Federal Reserve’s efforts to calm it. Live cattle prices have dropped to numbers producers and traders haven’t seen in nearly a decade.
A well-known machinery trade show is closing its doors early due to coronavirus concerns. CONEXPO (professionally known as CONEXPO-CON/AGG & IFPE), is the considered North America’s Largest Construction Trade Show.
One of the most high-profile events in farm country affected by coronavirus concerns is the Houston Livestock show and Rodeo. Some producers had to pack up and leave for home while others didn’t even make the trip.
The weather continues to be a focus in the Northern Plains. Farmers in North Dakota saw dangerously low temperatures over the weekend. It’s one problem after the next as the state’s farmers still try to harvest corn.