INTL FCStone chief commodities economist Arlan Suderman discusses the latest domestic and international effects of the spreading coronavirus pandemic on the global livestock industries.
The Dow Jones Industrial Average fell nearly 13% Monday, reflecting growing fears over the spread of coronavirus in the U.S. and across Europe, and what a prolonged period of business closures and social distancing might mean for the global economy. Already down nearly 32% since Feb. 12, the Dow and other relevant financial indicators signaled the end of the great Bull Market that had run seemingly unabated since emerging from the Great Recession of 2008 and 2009.
In this episode of Feedstuffs In Focus we’ll tackle a pretty big question: What does the largest domestic public health crisis since the spread of polio in the 1950s mean for the U.S. livestock industry, both in the short term and in the coming months?
We pose that question to Arlan Suderman, chief commodities economist at INTL FCStone, about what’s happening at home and around the world as markets grapple with the reality of coronavirus, including recent restaurant closures stateside and lockdowns in Italy and other European nations struggling to respond.
As analysts digest the seemingly endless stream of updates and information related to the pandemic, Feedstuffs editor Krissa Welshans spoke with Suderman about the latest developments in the U.S. and in China, and how the U.S. livestock industry is responding to this latest challenge.
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