Time to revive agriculture

April 5, 2020 09:52 am

Although the COVID-19 pandemic is primarily a public health crisis, experts are now voicing their concerns that the virus could have a much broader impact on the global economy. The UN's trade and development agency says the slowdown caused by the coronavirus outbreak could cost the global economy up to two trillion dollars this year. It will certainly impact agriculture as well. Some agriculture experts and entrepreneurs have made some observations that social distancing, reduced social and religious functions, minimizing travel, avoiding crowds, closures, and other protective practices will have impact on markets and prices of food items, dairy products, meat, flowers, and ornamental plants. There is a supply chain slowdown affecting the transportation of fertilizer, fuel, and other production inputs.