Study: COVID-19 has cost Indiana's food sector $500M

(photo courtesy: Tyson Foods)
Posted:
Jan 25, 2021 / 09:38 PM EST
WEST LAFAYETTE, Ind. (Inside INdiana Business) — A report commissioned by AgriNovus Indiana, the initiative focused on growing Indiana’s agbioscience economy, shows aggregate losses from the pandemic cost Indiana food producers approximately $500 million.
Researchers analyzed losses in five key agricultural products: corn, soybeans, hogs, dairy and eggs.
The study, conducted by researchers at Purdue University and agribusiness consulting firm EY-Parthenon, also highlighted the food chain going through “disruption and evolution at the same time.”
In an interview with Inside INdiana Business, Jayson Lusk, co-author of the research and head of the Agricultural Economics Department at Purdue University, said COVID-19 significantly impacted Indiana farmers.

Related Keywords

Purdue University ,Indiana ,United States ,Logansport ,Jayson Lusk ,Tyson Foods Inc ,Agricultural Economics Department At Purdue University ,Agrinovus Indiana ,Agricultural Economics Department ,Tyson Fresh Meats ,Tyson Foods ,பர்‌ட்யூ பல்கலைக்கழகம் ,இந்தியானா ,ஒன்றுபட்டது மாநிலங்களில் ,லோகண்ஸ்பொர்ட் ,ஜெய்சன் பளபளப்பு ,டைசன் உணவுகள் இன்க் ,டைசன் புதியது இறைச்சிகள் ,டைசன் உணவுகள் ,