ag economics
For Midwestern farmers, the workforce and supply chain are top issues in ‘flash recession’
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In agriculture, when a lack of rain combines with very high temperatures and sunny days, the rapid dryness is called a “flash drought.” Well, this economic downturn related to fears about the coronavirus pandemic could be a flash recession, said Scott Irwin, an agricultural economics professor at the University of Illinois. Irwin, along with four other professors from the University of Illinois Agricultural and Consumer Economics department, addressed how the coronavirus pandemic could affect agriculture in the Midwest in a webinar on Friday.