# Coronavirus hits already struggling US farmers with drop in prices

> US farmers face further price declines in crops and livestock as the coronavirus pandemic disrupts markets. Farm groups are lobbying the Trump administration for financial aid and timely visas for seasonal Mexican farmworkers ahead of the April planting season. Farmers say the virus has stopped their markets and added to earlier losses from the trade war, flooding and heat.

- Date: 2020-03-28 · published 2020-03-28T12:00:00.000Z
- Category: disease · region US · magnitude medium
- Page: https://feedsoft.ai/events/7966-coronavirus-hits-already-struggling-us-farmers-with-drop-in-prices
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lower crop and livestock prices reduce farm income and may slow input purchases, while labor shortages could affect planted acreage and future feed grain supply.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-02-02 | [Egg prices have soared as farmers contend with bird flu outbreak](https://feedsoft.ai/events/26065-egg-prices-have-soared-as-farmers-contend-with-bird-flu-outbreak.md) | +0.6% | -3.9% |
| CORN | 2020-03-03 | [Farm commodities take hit from coronavirus fears](https://feedsoft.ai/events/5310-farm-commodities-take-hit-from-coronavirus-fears.md) | +1.3% | +0.6% |
| CORN | 2025-03-05 | [Avian Flu Is Driving Up Egg Prices: What It Means for Grain Farmers - AgWeb](https://feedsoft.ai/events/25607-avian-flu-is-driving-up-egg-prices-what-it-means-for-grain-farmers-agweb.md) | +3.5% | +6.0% |
| CORN | 2026-06-15 | [Wisconsin egg production cut in half as farms struggle with avian flu, higher expenses - WPR](https://feedsoft.ai/events/18790-wisconsin-egg-production-cut-in-half-as-farms-struggle-with-avian-flu-higher.md) | +0.0% | +0.4% |
| CORN | 2020-03-04 | [Coronavirus complicates ASF situation in China \| Feed Strategy](https://feedsoft.ai/events/54125-coronavirus-complicates-asf-situation-in-china-feed-strategy.md) | +1.1% | -0.6% |
| SOY | 2020-02-18 | [India's poultry sales decline amid coronavirus rumors linked to chickens](https://feedsoft.ai/events/54753-india-s-poultry-sales-decline-amid-coronavirus-rumors-linked-to-chickens.md) | -2.2% | -8.1% |
| SOY | 2020-01-28 | [Coronavirus Fears Prompt Flight to Safety in Commodity Markets - Caixin Global](https://feedsoft.ai/events/8057-coronavirus-fears-prompt-flight-to-safety-in-commodity-markets-caixin-global.md) | -2.3% | -2.0% |
| SOY | 2020-02-28 | [China's soy complex demand likely to fall in H1 2020 on coronavirus outbreak: Rabobank \| S&P Global](https://feedsoft.ai/events/10636-china-s-soy-complex-demand-likely-to-fall-in-h1-2020-on-coronavirus-outbreak.md) | +0.3% | -0.7% |

## Sources

- cnbc.com: https://www.cnbc.com/2020/03/28/coronavirus-hits-already-struggling-us-farmers-with-drop-in-prices.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.