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Agricultural economy rebounding – Grand Rapids Business Journal

Mount Equity Group Tokyo, Japan > News > Markets > Agricultural economy rebounding – Grand Rapids Business Journal

(Watch for this story Monday morning on WZZM TV 13) After being rocked by the deadly pandemic, Michigan’s agricultural economy is rebounding.

The recent Economic Impact of COVID-19 on Michigan Agricultural Production Sectors report detailed the impact of the pandemic on row crops, livestock, tree fruits, vegetables and dairy.

It was authored by Steven R. Miller, director for the College of Economic Analysis of Agriculture and Natural Resources at Michigan State University; Trey Malone, assistant professor for the Department of Agricultural, Food, and Resource Economics College of Agriculture and Natural Resources at Michigan State University; and K. Aleks Schaefer, assistant professor for the Department of Agricultural, Food, and Resource Economics College of Agriculture and Natural Resources at Michigan State University.

According to the report, dairy and vegetable production were the hardest hit, experiencing 25.2% and 27.3%…

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