{"id":1221,"date":"2020-04-12T22:22:04","date_gmt":"2020-04-13T04:22:04","guid":{"rendered":"https:\/\/msfagriculture.com\/?p=1221"},"modified":"2020-04-06T22:22:36","modified_gmt":"2020-04-07T04:22:36","slug":"effects-coronavirus-ag-industry","status":"publish","type":"post","link":"https:\/\/msfagriculture.com\/2020\/04\/12\/effects-coronavirus-ag-industry\/","title":{"rendered":"Effects of Coronavirus on U.S. Ag Industry"},"content":{"rendered":"

Effects of Coronavirus on U.S. Ag Industry<\/h2>\n

These are extraordinary times that we are living in. As the coronavirus pandemic spreads around the world, entire industries are being forced to adapt, or temporarily shut down. Education has gone almost entirely online. Healthcare is being pushed to the absolute limit. Restaurants have had to close their doors for an indeterminate length of time. In times as uncertain as these, there\u2019s one major question on the minds of farmers everywhere: <\/span>what effects will this crisis have upon the agricultural industry?<\/span><\/i><\/p>\n

<\/p>\n

As experts in farm <\/span>refinance<\/span><\/a>, we hear a lot of concern around this topic. In this article, we\u2019ll discuss some possible outcomes of how farms may be affected as well as the benefits of refinancing.\u00a0<\/span><\/p>\n

What Happens When a Pandemic Meets an Already-Struggling Industry?<\/h2>\n

The agricultural industry has been <\/span>struggling<\/span><\/a> since the onset of the trade war with China in early 2018. Now that coronavirus is threatening the global economy, farmers are justifiably worried about what the next few years will look like.<\/span><\/p>\n

The pandemic has come just months after the Trump administration signed <\/span>\u201cphase one\u201d of a new trade deal<\/span><\/a> with China. Phase one mandates that China will buy $200 billion worth of U.S agricultural products in the next two years. Understandably, many farmers and business leaders were thrilled about the new deal\u2019s prospects for rebuilding the agricultural industry.\u00a0<\/span><\/p>\n

While nothing has been explicitly cancelled, an economic recession could hinder the future prospects for that deal.<\/span><\/p>\n

What Are U.S Farmers Doing to Prepare?<\/h2>\n

At this point, it\u2019s unclear how the coronavirus pandemic will affect the new deal between the U.S and China. On the one hand, both economies might sail through the current crisis and proceed with the new deal as planned. On the other hand, shipping and distribution systems could be totally shut down to prevent the spread of the virus. It\u2019s also possible that new and strict regulations on trade could be implemented to protect national borders. Anything\u2019s possible at this point, and farmers will be watching the news eagerly in the ensuing weeks and months.\u00a0<\/span><\/p>\n

What <\/span>can <\/span><\/i>be said with certainty is that this is an economic crisis that will affect <\/span>everyone<\/span><\/i>. With that in mind, it\u2019s prudent for all farmers to ensure that their future finances will be protected. Securing a farm refinance through MSF Agriculture is a great place to start!<\/span><\/p>\n

Get Started with Farm Refinance Today!<\/h2>\n

MSF Agriculture provides owners of small farms with the advice and resources they need to stay financially secure. Learn more about the benefits of farm refinancing. <\/span>Contact our office<\/span><\/a> today!<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Effects of Coronavirus on U.S. Ag Industry These are extraordinary times that we are living in. As the coronavirus pandemic spreads around the world, entire industries are being forced to adapt, or temporarily shut down. Education has gone almost entirely online. Healthcare is being pushed to the absolute limit. Restaurants have had to close their […]<\/p>\n","protected":false},"author":2,"featured_media":1222,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"yoast_head":"\nEffects of Coronavirus on U.S. Ag Industry - MSFAgriculture<\/title>\n<meta name=\"description\" content=\"The coronavirus is wreaking havoc everywhere, including the ag industry. Learn how to protect your financial well-being with farm refinance.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/msfagriculture.com\/2020\/04\/12\/effects-coronavirus-ag-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Effects of Coronavirus on U.S. Ag Industry - MSFAgriculture\" \/>\n<meta property=\"og:description\" content=\"The coronavirus is wreaking havoc everywhere, including the ag industry. Learn how to protect your financial well-being with farm refinance.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/msfagriculture.com\/2020\/04\/12\/effects-coronavirus-ag-industry\/\" \/>\n<meta property=\"og:site_name\" content=\"MSFAgriculture\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-13T04:22:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-07T04:22:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/msfagriculture.com\/wp-content\/uploads\/2020\/04\/farm-refinance-coronavirus-ag-industry.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1504\" \/>\n\t<meta property=\"og:image:height\" content=\"1004\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"MSF Agriculture\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"MSF Agriculture\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/msfagriculture.com\/2020\/04\/12\/effects-coronavirus-ag-industry\/\",\"url\":\"https:\/\/msfagriculture.com\/2020\/04\/12\/effects-coronavirus-ag-industry\/\",\"name\":\"Effects of Coronavirus on U.S. Ag Industry - MSFAgriculture\",\"isPartOf\":{\"@id\":\"https:\/\/msfagriculture.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/msfagriculture.com\/2020\/04\/12\/effects-coronavirus-ag-industry\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/msfagriculture.com\/2020\/04\/12\/effects-coronavirus-ag-industry\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/msfagriculture.com\/wp-content\/uploads\/2020\/04\/farm-refinance-coronavirus-ag-industry.jpg\",\"datePublished\":\"2020-04-13T04:22:04+00:00\",\"dateModified\":\"2020-04-07T04:22:36+00:00\",\"author\":{\"@id\":\"https:\/\/msfagriculture.com\/#\/schema\/person\/7c312610546255ce6c78667aee9b3c9f\"},\"description\":\"The coronavirus is wreaking havoc everywhere, including the ag industry. Learn how to protect your financial well-being with farm refinance.\",\"breadcrumb\":{\"@id\":\"https:\/\/msfagriculture.com\/2020\/04\/12\/effects-coronavirus-ag-industry\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/msfagriculture.com\/2020\/04\/12\/effects-coronavirus-ag-industry\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/msfagriculture.com\/2020\/04\/12\/effects-coronavirus-ag-industry\/#primaryimage\",\"url\":\"https:\/\/msfagriculture.com\/wp-content\/uploads\/2020\/04\/farm-refinance-coronavirus-ag-industry.jpg\",\"contentUrl\":\"https:\/\/msfagriculture.com\/wp-content\/uploads\/2020\/04\/farm-refinance-coronavirus-ag-industry.jpg\",\"width\":1504,\"height\":1004,\"caption\":\"farm refinance coronavirus ag industry\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/msfagriculture.com\/2020\/04\/12\/effects-coronavirus-ag-industry\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/msfagriculture.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Effects of Coronavirus on U.S. Ag Industry\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/msfagriculture.com\/#website\",\"url\":\"https:\/\/msfagriculture.com\/\",\"name\":\"MSFAgriculture\",\"description\":\"Agricultural Loans & Financing\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/msfagriculture.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/msfagriculture.com\/#\/schema\/person\/7c312610546255ce6c78667aee9b3c9f\",\"name\":\"MSF Agriculture\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/msfagriculture.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/8852a4c2140b7e5b951f127408b36a24?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/8852a4c2140b7e5b951f127408b36a24?s=96&d=mm&r=g\",\"caption\":\"MSF Agriculture\"},\"url\":\"https:\/\/msfagriculture.com\/author\/shompton2\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Effects of Coronavirus on U.S. Ag Industry - MSFAgriculture","description":"The coronavirus is wreaking havoc everywhere, including the ag industry. Learn how to protect your financial well-being with farm refinance.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/msfagriculture.com\/2020\/04\/12\/effects-coronavirus-ag-industry\/","og_locale":"en_US","og_type":"article","og_title":"Effects of Coronavirus on U.S. Ag Industry - MSFAgriculture","og_description":"The coronavirus is wreaking havoc everywhere, including the ag industry. Learn how to protect your financial well-being with farm refinance.","og_url":"https:\/\/msfagriculture.com\/2020\/04\/12\/effects-coronavirus-ag-industry\/","og_site_name":"MSFAgriculture","article_published_time":"2020-04-13T04:22:04+00:00","article_modified_time":"2020-04-07T04:22:36+00:00","og_image":[{"width":1504,"height":1004,"url":"https:\/\/msfagriculture.com\/wp-content\/uploads\/2020\/04\/farm-refinance-coronavirus-ag-industry.jpg","type":"image\/jpeg"}],"author":"MSF Agriculture","twitter_card":"summary_large_image","twitter_misc":{"Written by":"MSF Agriculture","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/msfagriculture.com\/2020\/04\/12\/effects-coronavirus-ag-industry\/","url":"https:\/\/msfagriculture.com\/2020\/04\/12\/effects-coronavirus-ag-industry\/","name":"Effects of Coronavirus on U.S. Ag Industry - MSFAgriculture","isPartOf":{"@id":"https:\/\/msfagriculture.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/msfagriculture.com\/2020\/04\/12\/effects-coronavirus-ag-industry\/#primaryimage"},"image":{"@id":"https:\/\/msfagriculture.com\/2020\/04\/12\/effects-coronavirus-ag-industry\/#primaryimage"},"thumbnailUrl":"https:\/\/msfagriculture.com\/wp-content\/uploads\/2020\/04\/farm-refinance-coronavirus-ag-industry.jpg","datePublished":"2020-04-13T04:22:04+00:00","dateModified":"2020-04-07T04:22:36+00:00","author":{"@id":"https:\/\/msfagriculture.com\/#\/schema\/person\/7c312610546255ce6c78667aee9b3c9f"},"description":"The coronavirus is wreaking havoc everywhere, including the ag industry. Learn how to protect your financial well-being with farm refinance.","breadcrumb":{"@id":"https:\/\/msfagriculture.com\/2020\/04\/12\/effects-coronavirus-ag-industry\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/msfagriculture.com\/2020\/04\/12\/effects-coronavirus-ag-industry\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/msfagriculture.com\/2020\/04\/12\/effects-coronavirus-ag-industry\/#primaryimage","url":"https:\/\/msfagriculture.com\/wp-content\/uploads\/2020\/04\/farm-refinance-coronavirus-ag-industry.jpg","contentUrl":"https:\/\/msfagriculture.com\/wp-content\/uploads\/2020\/04\/farm-refinance-coronavirus-ag-industry.jpg","width":1504,"height":1004,"caption":"farm refinance coronavirus ag industry"},{"@type":"BreadcrumbList","@id":"https:\/\/msfagriculture.com\/2020\/04\/12\/effects-coronavirus-ag-industry\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/msfagriculture.com\/"},{"@type":"ListItem","position":2,"name":"Effects of Coronavirus on U.S. Ag Industry"}]},{"@type":"WebSite","@id":"https:\/\/msfagriculture.com\/#website","url":"https:\/\/msfagriculture.com\/","name":"MSFAgriculture","description":"Agricultural Loans & Financing","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/msfagriculture.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/msfagriculture.com\/#\/schema\/person\/7c312610546255ce6c78667aee9b3c9f","name":"MSF Agriculture","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/msfagriculture.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/8852a4c2140b7e5b951f127408b36a24?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8852a4c2140b7e5b951f127408b36a24?s=96&d=mm&r=g","caption":"MSF Agriculture"},"url":"https:\/\/msfagriculture.com\/author\/shompton2\/"}]}},"_links":{"self":[{"href":"https:\/\/msfagriculture.com\/wp-json\/wp\/v2\/posts\/1221"}],"collection":[{"href":"https:\/\/msfagriculture.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/msfagriculture.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/msfagriculture.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/msfagriculture.com\/wp-json\/wp\/v2\/comments?post=1221"}],"version-history":[{"count":1,"href":"https:\/\/msfagriculture.com\/wp-json\/wp\/v2\/posts\/1221\/revisions"}],"predecessor-version":[{"id":1223,"href":"https:\/\/msfagriculture.com\/wp-json\/wp\/v2\/posts\/1221\/revisions\/1223"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/msfagriculture.com\/wp-json\/wp\/v2\/media\/1222"}],"wp:attachment":[{"href":"https:\/\/msfagriculture.com\/wp-json\/wp\/v2\/media?parent=1221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/msfagriculture.com\/wp-json\/wp\/v2\/categories?post=1221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/msfagriculture.com\/wp-json\/wp\/v2\/tags?post=1221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}