COVID-19 Economic Implications for Agriculture, Food, and Rural America
The Coronavirus (COVID-19) pandemic and its associated economic impacts have implications for agriculture, food, and rural America.
ERS’ research program considers links in the farm-to-consumer supply chain that may be affected by the pandemic, including farms, processors, handlers, retail outlets, and trade. ERS also examines the economic impacts of the pandemic on consumers, food assistance program participants, residents of rural America, and farmers.
This page highlights ERS research and data that can help interpret and understand the emerging economic impacts of the pandemic. The page will be updated as more information becomes available.
See also Resources for the Media.
Topics Covered by ERS COVID-19-Related Research
ERS COVID-19-related research and data address impacts related to these key subjects:
- As of August, food-at-home prices in 2020 were above 2019 levels
- U.S. cotton product imports recovering from COVID-19 impact
- Food security outlook improves for 76 low- and middle-income countries by 2030 despite income impacts of COVID-19
- Farm sector profits forecast to rise in 2020
- U.S. food spending in June 2020 was $12 billion less than in June 2019
- Eating-out expenditures in May 2020 were 37 percent lower than May 2019 expenditures
- Falling hog weights suggest the hog industry is managing supply-chain disruptions from COVID-19
- Retail prices for nearly all food-at-home categories up in June 2020 compared with June 2019
- U.S. agricultural exports to China to increase in FY 2020 despite COVID-19 slowdown
- Food insufficiency in mid-June 2020 higher in some States than others
ERS Commodity Outlook Reports will account for, and discuss, the economic implications of COVID-19 on the World Agricultural Supply and Demand Estimates (WASDE). Latest reports:
- Cotton and Wool Outlook: September 2020
- Feed Outlook: September 2020
- Livestock, Dairy, and Poultry Monthly Outlook: September 2020
- Oil Crops Outlook: September 2020
- Rice Outlook: September 2020
- Sugar and Sweeteners Outlook: September 2020
- Vegetables and Pulses Outlook: April 2020
- Wheat Outlook: September 2020
- Selected Weekly Fruit Movement and Price describes the change in shipment volume, farm prices, and retail prices of select fruit for the week noted. Volume and prices reflect weekly marketing and supply chain conditions which can be affected by various factors including pests, weather, imports, exports, retail promotions, and labor disruptions.
- Selected Weekly Vegetable Movement and Price describes the change in shipment volume, farm prices, and retail prices of select vegetables for the week noted. Volume and prices reflect weekly marketing and supply chain conditions which can be affected by various factors including pests, weather, imports, exports, retail promotions, and labor disruptions.
- Find the latest on COVID-19 directly from the Centers for Disease Control and Prevention (CDC) at www.coronavirus.gov.
- USDA COVID-19 FAQs provides answers to questions frequently asked by USDA customers, stakeholders, and the general public. Find FAQs related to ERS under “Economic Research.”
- CDC Situation Summary
- EPA Disinfectant List
- FEMA Coronavirus (COVID-19) Response
- Frequently Asked Questions from the CDC
- Homeland Security Resources
- State Department Travel Information
- World Health Organization