Question

what is the effect of agriculture sector in corona virus

Answer 1

For crop growth, the bulk of the seeding cycle would be largely unchanged between now and summer. Deliveries of seeds, fertilizers and plant health goods have already been purchased or are in stock at the traders and can be purchased anyway. Crops like maize, carrots, sugar beet, and other summer crops will be planted in the coming months. However, in many EU countries, this work is done largely with machinery and on-farm labour only. There is very no shortcoming to be found in the near-term perspective.

In the near term even, livestock production is unlikely to pose shortages. Milk and pig processing is largely automated, and fodder was purchased during the winter. Those farms still use their silage, grain, and maize stock. Here, however, we see a greater dependency on soybean and other feed components for deliveries of fodder. Much will be dictated by the capacity of the fodder industry to develop and deliver in forthcoming weeks.

The self-sufficiency ratio reaches 100 per cent in many parts of the EU. For many agricultural markets the EU has had a high degree of self-sufficiency for decades. There is sadly not one single source of data for this. Eurostat has stopped releasing the data sets because several EU member states have refused to send data in the past. Eurostat and the EU Commission also have statistics on the meat markets, and in the pre-Brexit EU-28, we will find aggregate level single estimates for the grain markets.

Soybeans, maize, or palm oil can become scarce unless trade works completely. The most significant uses of these materials are in the processing of biofuels and fodder. In the medium-term context, reduced foreign trade will lead to a supply shortage that could push up fodder prices. In such a scenario replacements may be available