The National Corn Growers Association is creating a task force for recovery efforts amid the rapid spread of COVID-19.
“While this situation is no doubt impacting our daily lives and personal interactions, it has also created much uncertainty for our industry. We understand that the impact is already being felt through lost dollars in cash price and demand destruction stemming from ethanol plant closures and weakened demand in the livestock sector,” the organization said in a release.
The task force will gather information, coordinate with the industry and provide recommendations to help with the economic fallout. The NCGA’s Board of Directors has also commissioned an economic analysis about the impact the virus will have on corn farmers now and in the future.
The release also stated that because the Trump Administration has indicated there will be federal funding to address the economic impact of the coronavirus, the NCGA Public Policy team will ensure the USDA knows what corn farmers have been experiencing.
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