COVID-19 and the beef market in Latin America: An impact assessment by supply and demand

The impact of COVID-19 on agricultural markets, especially the beef market, represents one of the greatest food security challenges the world is facing in the post-pandemic era and, for this reason, has been widely documented. This study contributes to the literature through a comprehensive impact a...

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Main Authors: Tejada Mejía, Daniela, Díaz, Manuel Francisco, Enciso, Karen, Junca Paredes, Jhon Jairo, Sandoval, Danny, Burkart, Stefan
Format: Journal Article
Language:Inglés
Published: Frontiers Media 2022
Subjects:
Online Access:https://hdl.handle.net/10568/125655
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author Tejada Mejía, Daniela
Díaz, Manuel Francisco
Enciso, Karen
Junca Paredes, Jhon Jairo
Sandoval, Danny
Burkart, Stefan
author_browse Burkart, Stefan
Díaz, Manuel Francisco
Enciso, Karen
Junca Paredes, Jhon Jairo
Sandoval, Danny
Tejada Mejía, Daniela
author_facet Tejada Mejía, Daniela
Díaz, Manuel Francisco
Enciso, Karen
Junca Paredes, Jhon Jairo
Sandoval, Danny
Burkart, Stefan
author_sort Tejada Mejía, Daniela
collection Repository of Agricultural Research Outputs (CGSpace)
description The impact of COVID-19 on agricultural markets, especially the beef market, represents one of the greatest food security challenges the world is facing in the post-pandemic era and, for this reason, has been widely documented. This study contributes to the literature through a comprehensive impact analysis of the effects of COVID-19 on both the demand and supply of beef in Latin America and thus provides valuable information for two of the most important links of the beef value chain. Robust econometric methods and a graphic analysis were used that give solidity to the investigation. The analysis used a data panel of supply and demand variables between 2018 and 2022 derived from the US Department of Agriculture. The results suggest that the beef market was strongly affected by the pandemic related health emergency, presenting decreases in both consumption and production. These effects are transitory, however, since the analysis of the post-pandemic data revealed that consumption and production return to normal and seem to grow until smoothing out over time.
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language Inglés
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spelling CGSpace1256552025-12-08T10:29:22Z COVID-19 and the beef market in Latin America: An impact assessment by supply and demand Tejada Mejía, Daniela Díaz, Manuel Francisco Enciso, Karen Junca Paredes, Jhon Jairo Sandoval, Danny Burkart, Stefan covid-19 beef meat production food security consumer behaviour value chains supply balance carne de res producción de carne oferta y demanda The impact of COVID-19 on agricultural markets, especially the beef market, represents one of the greatest food security challenges the world is facing in the post-pandemic era and, for this reason, has been widely documented. This study contributes to the literature through a comprehensive impact analysis of the effects of COVID-19 on both the demand and supply of beef in Latin America and thus provides valuable information for two of the most important links of the beef value chain. Robust econometric methods and a graphic analysis were used that give solidity to the investigation. The analysis used a data panel of supply and demand variables between 2018 and 2022 derived from the US Department of Agriculture. The results suggest that the beef market was strongly affected by the pandemic related health emergency, presenting decreases in both consumption and production. These effects are transitory, however, since the analysis of the post-pandemic data revealed that consumption and production return to normal and seem to grow until smoothing out over time. 2022-11-21 2022-11-23T12:41:07Z 2022-11-23T12:41:07Z Journal Article https://hdl.handle.net/10568/125655 en Open Access application/pdf Frontiers Media Mejía, D.; Díaz, M.F.; Enciso, K.J.; Junca, J.J.; Sandoval, D.; Burkart, S. (2022) COVID-19 and the beef market in Latin America: An impact assessment by supply and demand. Frontiers in Public Health 10:1066168. ISSN: 2296-2565
spellingShingle covid-19
beef
meat production
food security
consumer behaviour
value chains
supply balance
carne de res
producción de carne
oferta y demanda
Tejada Mejía, Daniela
Díaz, Manuel Francisco
Enciso, Karen
Junca Paredes, Jhon Jairo
Sandoval, Danny
Burkart, Stefan
COVID-19 and the beef market in Latin America: An impact assessment by supply and demand
title COVID-19 and the beef market in Latin America: An impact assessment by supply and demand
title_full COVID-19 and the beef market in Latin America: An impact assessment by supply and demand
title_fullStr COVID-19 and the beef market in Latin America: An impact assessment by supply and demand
title_full_unstemmed COVID-19 and the beef market in Latin America: An impact assessment by supply and demand
title_short COVID-19 and the beef market in Latin America: An impact assessment by supply and demand
title_sort covid 19 and the beef market in latin america an impact assessment by supply and demand
topic covid-19
beef
meat production
food security
consumer behaviour
value chains
supply balance
carne de res
producción de carne
oferta y demanda
url https://hdl.handle.net/10568/125655
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