August 14, 2020: 11th Annual Dairy Financial and Risk Management Conference to be Held Virtually

I feel like I start all these weekly articles with some sort of comment about COVID-19. I cannot help but start it that way again this week. COVID-19 in many ways has turned our lives upside down. In a matter of a couple of months, U.S. unemployment went from 3.5%, which was near an all-time low to 14.7% in April, which was the highest unemployment since the Great Depression in the 1930s when unemployment reached an estimated 25%. The Great Recession of 2007 to 2009 pushed unemployment to 10.6%. As states continue reopening their economies, unemployment is improving, but it will probably take several months, if not longer, to reach normal levels. Read More