For this Engaging 4 MO webinar, Dr. Pat Westhoff, director of MU's Food and Agricultural Policy Research Institute (FAPRI), shares findings from FAPRI's analysis that looks into the effect of COVID-19 on agricultural markets. The analysis compares COVID-19’s impacts to the outlook FAPRI projected earlier this year that assumed the U.S. and China implement their “phase one” trade deal.
Weakened prices contribute to an estimated $20 billion decline in 2020 net farm income compared with the baseline.
Read the full analysis on FAPRI’s website at fapri.missouri.edu.
