Study Finds COVID-19 Cases at Meat Processing Plants Caused $11 Billion in Economic Damages

The COVID-19 took its toll on the meatpacking industry, with infection rates and meatpacking plants causing some plants to slow or even shut down last spring.

A new study from the University of California-Davis estimates 334,000 cases are attributable to packing plants. The study says that resulted in more than $11 billion in economic damage.

Researchers also found beef and pork processing plants more than doubled per capital infection rates in counties where the plants are located. They say their estimates suggest previous reports significantly understate the impact of meatpacking facilities on COVID-19 case rates. Those rates could be seen higher, as the study estimated infection rates are likely conservative because the study looked at infection rates within a county and did not account for cases that might have been contracted at a meatpacking plant, but spread to other counties.
 

 

Latest News

How Do Wind, Solar, Renewable Energy Effect Land Values?
How Do Wind, Solar, Renewable Energy Effect Land Values?

“If we step back and look at what that means for farmland, we're taking our energy production system from highly centralized production facilities and we have to distribute it,” says David Muth.

Wheat Continues to Rally, While Row Crops Prices Ease: Markets Watching Weather
Wheat Continues to Rally, While Row Crops Prices Ease: Markets Watching Weather

Wheat continues to rally while row crops ease, all watching weather says Allison Thompson of The Money Farm. Cattle build on Thursday's reversal on better cash news.

EU Cuts Wheat Crop Forecast to Four-Year Low
EU Cuts Wheat Crop Forecast to Four-Year Low

The European Commission cut its forecast for the 2024 European Union wheat crop to a four-year low amid a projected bigger decline in planted area than previously expected.

AgDay Markets Now: Alan Brugler Says Wheat Pulls Corn Higher but It Might Have its Own Bullish Story
AgDay Markets Now: Alan Brugler Says Wheat Pulls Corn Higher but It Might Have its Own Bullish Story

Alan Brugler, Brugler Marketing says wheat, corn and cattle close higher Thursday.  

USDA Further Trims Price Outlook
USDA Further Trims Price Outlook

USDA expects all food prices to rise 2.2% this year, down from the 2.5% increase expected last month.

How Much Upside is Left in the Wheat and Corn Markets?  Cattle Recover on Cash News
How Much Upside is Left in the Wheat and Corn Markets? Cattle Recover on Cash News

Grain and livestock close mixed Thursday. Alan Brugler, Brugler Marketing says wheat rallied for a 6th day pulling along corn and may still have some upside. Cattle recover with the help of better cash news.