It seems as if every night we hear on the nightly news how the COVID-19 pandemic is have devastating effects on the stock market. But, how often have we heard about the devastating effects the pandemic is having on the farm economy?
The chart below is one I borrowed from Ben Brown’s update in the Farm Office – “Office Hours” which occur every Monday evening from 8 – 9:30 p.m.
January 21st was the date of the first reported case of the Corona Virus in the United States.
Futures Price Decrease:
Please keep our farmers in your thoughts and prayers. These devastating price reductions will have huge negative impacts on our local farmers for many months to come.