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Impacts of the COVID-19 Pandemic on the U.S. and Virginia Farms and Businesses: May 2020

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dc.contributor.authorHolt, Matthew T.en
dc.contributor.authorBovay, Johnen
dc.contributor.authorFriedel, Jennifer S.en
dc.contributor.authorIsengildina-Massa, Olgaen
dc.contributor.authorKayser, Patricken
dc.contributor.authorvan Senten, Jonathanen
dc.contributor.authorGrant, Jason H.en
dc.contributor.authorOrden, David R.en
dc.contributor.authorMarchant, Mary A.en
dc.coverage.countryUnited Statesen
dc.coverage.stateVirginiaen
dc.date.accessioned2020-06-11T14:02:20Zen
dc.date.available2020-06-11T14:02:20Zen
dc.date.issued2020-05en
dc.description.abstractThis report addresses various aspects of the impact the COVID-19 pandemic has had on Virginia’s farm and agribusiness sector as of the beginning of May 2020. At the time of this writing (May 7, 2020) the Centers for Disease Control and Prevention reports approximately 1.2 million cases of coronavirus disease 2019 (COVID-19) in the United States, and over 70,000 deaths.1 Virginia’s Department of Public Health reports over 21,000 cases and over 700 deaths.2 33.5 million people have filed for unemployment claims in the United States since mid-March.3 The economic impacts of the disease have been felt much more broadly, as businesses have been forced to close or operate under different conditions, and as consumer spending power declines. As we look ahead, there is tremendous uncertainty about how the pandemic will end and how it will affect the global economy and our individual lives and livelihoods both in the short term and permanently. This report includes a general economic outlook, by Matthew Holt; overviews of the pandemic’s disruptions to the U.S. food supply chain and several major agricultural industries in Virginia, by John Bovay; an overview of agricultural policy under the pandemic, by Jennifer Friedel; a detailed analysis of effects of the pandemic on Virginia grain markets, by Olga Isengildina Massa and Patrick Kayser; an overview of results of a national survey of the impacts of the pandemic on aquaculture producers, with a focus on Virginia’s main aquaculture products, by Jonathan van Senten; and analysis of the current state of affairs for U.S.-China agricultural trade, by Jason Grant, David Orden, and Mary Marchant.en
dc.format.mimetypeapplication/pdfen
dc.identifier.urihttp://hdl.handle.net/10919/98821en
dc.identifier.urlhttps://isce.vt.edu/research_spotlights_index/COVID-19-publication-repository/research-policy-briefs/impacts-of-the-covid-19-pandemic-on-us-and-virginia-farms-and-businesses-may-2020.htmlen
dc.language.isoenen
dc.publisherVirginia Tech. Agricultural and Applied Economicsen
dc.rightsIn Copyrighten
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/en
dc.subjectCOVID-19 economic effectsen
dc.titleImpacts of the COVID-19 Pandemic on the U.S. and Virginia Farms and Businesses: May 2020en
dc.typeReporten
dc.type.dcmitypeTexten

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