CAST releases paper on COVID-19 economic impacts

June 26, 2020

On Monday, June 29th, the Council for Agricultural Science and Technology (CAST) and the Agricultural & Applied Economics Association (AAEA) are releasing a new paper, Economic Impacts of COVID-19 on Food and Agricultural Markets. Lee Schulz, associate professor, was a contributing author to this paper.

COVID-19 disrupted nations around the world in 2020. People have had to alter their typical lifestyle, and the measures put into effect to reduce the spread of COVID-19 have had an immense impact on economic activity, employment, food consumption, and workplace environments. The paper’s authors discuss the following topics: macroeconomics, trade, supply chain, consumer behavior, food service/grocery, meat processing, forestry and wood products, local food systems, food waste, food insecurity, major commodity crops, agricultural finance, agricultural labor, rural health care, and research and outreach priorities.

At 11:00 a.m. on June 29, a panel of agricultural economists will present highlights of the new paper on the impacts of COVID-19 on food and agricultural markets followed by a Q&A session. To register for the free webinar on our new paper, follow this link: