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...

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Bibliographic Details
Main Authors: Glynn T. Tonsor, Jayson L. Lusk, Shauna L. Tonsor
Format: Article
Language:English
Published: MDPI AG 2021-04-01
Series:Animals
Subjects:
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.
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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