The economic impact on agriculture from the global coronavirus pandemic is still unknown but it cannot be good. Some speculate that recovery from a policy imposed economic coma should be quicker than, for example, the 2008/09 Great Recession involving financial sector structural failure. Others caution that it depends on how long policymakers suppress activity, whether there is a rebound due to premature reopening, or the disease becomes seasonal. Recently, some economists described a “swish” shaped economic recovery instead of a “V” shaped one.  The Great Recession may be an imperfect proxy, but it is the most recent example of a large adverse economic event. One thing that is clear is that the annual growth i...

TAGS – Feed Grains, Soy & Oilseeds, Wheat, North America