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A Descriptive Analysis of the COVID†19 Impacts on U.S. Pork, Turkey, and Egg Markets

Dermot Hayes (), Lee Schulz, Chad Hart () and Keri Jacobs ()

ISU General Staff Papers from Iowa State University, Department of Economics

Abstract: 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 re†ignition, the food supply chain industries, researchers, and policy makers search for evidence, causes, and consequences. This paper 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.

Date: 2020-11-27
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