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Understanding COVID-19 Impacts on Agriculture

We’ve been fielding inquiries about how all this disruption and societal motion is impacting the various aspects of agriculture. So, let us share some reflections regarding what all of this may mean for landowners in the months – and potentially, years – to come.

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Grain Markets: Historic Impact of COVID-19

Managing price risk and maximizing production will be critical for profit margins again in 2020.

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June 2020 Wallace’s Farmer “MarketPlace Extra”

And even in the face of gathering storm clouds in the form of low commodities, ethanol weakness, and livestock sector disruptions, the farmland market is largely keeping its collective head about it.

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Drainage Tile: What you need to know

Tile drainage is a management system the removes excess water from soil below the surface. This type of drainage system helps bring soil moisture levels down for optimal crop growth. 

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May 2020 Wallace’s Farmer “MarketPlace Extra”

In my mind, beyond the legitimate health concerns, the biggest impact to our way of life may be rooted in the word “confidence”. Is it now safe to go to the store for groceries and supplies? Can kids and staff safely return to schools? When will worship at local churches return to some semblance of normal? Is now the time to buy into the stock market? Should I buy a farm? It all runs on confidence!

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Hertz professionals update (3)

April 2020 Wallace’s Farmer “MarketPlace Extra”

Coronavirus is causing real concern for demand destruction in commodities and a general slowdown in the global economy. People are legitimately fearful of this unknown virus because of the death toll that has followed the spread of the virus. 

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Hertz professionals update (2)

March 2020 Wallace’s Farmer “MarketPlace Extra”

Spring often brings new energy and optimism. With the early architecture of the China deal in place, and President Trump’s signature on the new USMCA agreement, this year the optimism tilts toward the demand-drivers in the grain trade. 

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