The Coronavirus Food Assistance Program unveiled by Sonny Perdue, U.S. Secretary of Agriculture, is designed to provide $19 billion to support farmers and ranchers while maintaining the integrity of the food supply chain, according to the USDA.

Economists at the Center for Agricultural and Rural Development at Iowa State University have issued a new policy brief that measures the revenue impacts the COVID-19 outbreak is having on some of Iowa's largest agricultural industries. Estimates show overall annual damage of roughly $788 million for corn, $213 million for soybean, over $2.5 billion for ethanol, $658 million for fed cattle, $34 million for calves and feeder cattle, and $2.1 billion for hogs.