Meat Demand Monitor during COVID-19
Meat products represent a significant share of US consumer food expenditures. The COVID-19 pandemic directly impacted both demand and supply of US beef and pork products for a prolonged period, resulting in a myriad of economic impacts. The complex disruptions create significant challenges in isolat...
Main Authors: | , , |
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Format: | Article |
Language: | English |
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MDPI AG
2021-04-01
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Series: | Animals |
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Online Access: | https://www.mdpi.com/2076-2615/11/4/1040 |
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author | Glynn T. Tonsor Jayson L. Lusk Shauna L. Tonsor |
author_facet | Glynn T. Tonsor Jayson L. Lusk Shauna L. Tonsor |
author_sort | Glynn T. Tonsor |
collection | DOAJ |
description | Meat products represent a significant share of US consumer food expenditures. The COVID-19 pandemic directly impacted both demand and supply of US beef and pork products for a prolonged period, resulting in a myriad of economic impacts. The complex disruptions create significant challenges in isolating and inferring consumer-demand changes from lagged secondary data. Thus, we turn to novel household-level data from a continuous consumer tracking survey, the Meat Demand Monitor, launched in February 2020, just before the US pandemic. We find diverse impacts across US households related to “hoarding” behavior and financial confidence over the course of the pandemic. Combined, these insights extend our understanding of pandemic impacts on US consumers and provide a timely example of knowledge enabled by ongoing and targeted household-level data collection and analysis. |
first_indexed | 2024-03-10T12:32:22Z |
format | Article |
id | doaj.art-dc48ad29f7654647bb949e6c3f733a56 |
institution | Directory Open Access Journal |
issn | 2076-2615 |
language | English |
last_indexed | 2024-03-10T12:32:22Z |
publishDate | 2021-04-01 |
publisher | MDPI AG |
record_format | Article |
series | Animals |
spelling | doaj.art-dc48ad29f7654647bb949e6c3f733a562023-11-21T14:35:17ZengMDPI AGAnimals2076-26152021-04-01114104010.3390/ani11041040Meat Demand Monitor during COVID-19Glynn T. Tonsor0Jayson L. Lusk1Shauna L. Tonsor2Dept. of Agricultural Economics, Kansas State University, Manhattan, KS 656506, USADept. of Agricultural Economics, Purdue University, West Lafayette, IN 47907, USAElevation Economics, LLC, 4255 Christi Ln., St. George, KS 66535, USAMeat products represent a significant share of US consumer food expenditures. The COVID-19 pandemic directly impacted both demand and supply of US beef and pork products for a prolonged period, resulting in a myriad of economic impacts. The complex disruptions create significant challenges in isolating and inferring consumer-demand changes from lagged secondary data. Thus, we turn to novel household-level data from a continuous consumer tracking survey, the Meat Demand Monitor, launched in February 2020, just before the US pandemic. We find diverse impacts across US households related to “hoarding” behavior and financial confidence over the course of the pandemic. Combined, these insights extend our understanding of pandemic impacts on US consumers and provide a timely example of knowledge enabled by ongoing and targeted household-level data collection and analysis.https://www.mdpi.com/2076-2615/11/4/1040beefconsumer behaviorCOVID-19meat demandporksurvey |
spellingShingle | Glynn T. Tonsor Jayson L. Lusk Shauna L. Tonsor Meat Demand Monitor during COVID-19 Animals beef consumer behavior COVID-19 meat demand pork survey |
title | Meat Demand Monitor during COVID-19 |
title_full | Meat Demand Monitor during COVID-19 |
title_fullStr | Meat Demand Monitor during COVID-19 |
title_full_unstemmed | Meat Demand Monitor during COVID-19 |
title_short | Meat Demand Monitor during COVID-19 |
title_sort | meat demand monitor during covid 19 |
topic | beef consumer behavior COVID-19 meat demand pork survey |
url | https://www.mdpi.com/2076-2615/11/4/1040 |
work_keys_str_mv | AT glynnttonsor meatdemandmonitorduringcovid19 AT jaysonllusk meatdemandmonitorduringcovid19 AT shaunaltonsor meatdemandmonitorduringcovid19 |