Agriculture Somewhat Immune From Stress and Market Volatility
GREENWOOD VILLAGE, CO – The U.S. economy’s plunge is unprecedented, according to Dan Kowalski, Vice President of CoBank’s Knowledge Exchange Division. Volatility in the bond, equity, and energy markets has created stress in financial markets, and more stress is likely to come. Q2 could usher in the most severe quarterly contraction on record, and depending on how long social isolation lasts, 2020 could end with zero or negative growth. Agriculture will be somewhat shielded, he explains, but not immune from the extreme volatility, as transportation and labor are areas of concern.