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A descriptive analysis of the COVID‐19 impacts on U.S. pork, turkey, and egg markets
Author(s) -
Hayes Dermot J.,
Schulz Lee L.,
Hart Chad E.,
Jacobs Keri L.
Publication year - 2020
Publication title -
agribusiness
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.57
H-Index - 43
eISSN - 1520-6297
pISSN - 0742-4477
DOI - 10.1002/agr.21674
Subject(s) - covid-19 , descriptive statistics , descriptive research , business , virology , biology , medicine , mathematics , statistics , outbreak , infectious disease (medical specialty) , disease
The novel coronavirus SARS‐CoV2 (COVID‐19) severely disrupted the U.S. food supply chain. In its initial aftermath, and as we contemplate a potential reignition, the food supply chain industries, researchers, and policy makers search for evidence, causes, and consequences. This article uses publicly available data on the pork and egg industries and a survey of the turkey industry as a first step to document the impact of COVID‐19. Researchers can learn from the experiences in industries where disruptions evolve differently in the face of simultaneous supply‐ and demand‐side shocks and that stem from differences in structures of the supply chains. This early evidence is used to motivate future research needs and highlight opportunities for industry investments in resiliency strategies.