COVID-19 damages to cow-calf sector

The impacts of COVID-19 have been felt in every sector of the beef cattle industry and are expected to continue through 2020. Cow-calf producers will market weaned calves in spring 2020 from fall 2019 calf crops and in fall 2020 from spring 2020 calf crops. These calf sales are all expected to experience significant price declines compared to pre-COVID-19 expectations. Further, U.S. cow-calf…