COVID-19 outdates new FAPRI ag outlook numbers, triggers potential recession

COVID-19 outdates new FAPRI ag outlook numbers, triggers potential recession

University of Missouri’s Food and Ag Policy Research Institute just released its annual US ag market outlook, but their director says coronavirus impacts have already outdated their numbers and put the US in line for a potential recession.

Pat Westhoff tells Brownfield reaction to dips in the stock

market and unemployment because of temporary business closures are making a

potential recession a reality. As for what that might look like for farmers, he

says current market trends are a good indication.