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New study projects over $2 billion in losses for Iowa's hog sector if COVID-19 distancing policies remain throughout 2020

2020-04-17 13:52:00| ThePigSite - Industry News

A new study projects economic impacts of the COVID-19 outbreak will mean steep losses for Iowa agriculture, including over $2 billion each for the hog and ethanol sectors, if the disease and social distancing policy impacts hold throughout the year.

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ISU study projects state hog sector to lose $2 billion due to COVID-19

2020-04-16 22:27:00| National Hog Farmer

The analysis, "The Impact of COVID-19 on Iowa's Corn, Soybean, Ethanol, Pork and Beef Sectors,"�shows potential losses in every examined agricultural sector.

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Chevron Closes $1.6 Billion Sale of Stake in Giant Azeri Oil Field

2020-04-16 20:30:00| OGI

MOL Plc, a Hungarian multinational oil and gas company, agreed to buy the asset, which consisted of Chevrons nonoperating interests in the�largest oil field in the Azerbaijan sector of the Caspian Basin.

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Airbnb Raises Another $1 Billion in Debt, IPO Prospects Diminish

2020-04-15 15:53:00| National Real Estate Investor

The company raised another $1 billion in first-lien debt as a financial cushion.

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US pig farmers face $5 billion losses and oversupply issues amid COVID-19 pandemic

2020-04-15 13:30:00| ThePigSite - Industry News

At a press briefing (14 April), the National Pork Producers Council (NPPC) outlined the crisis as described by producers and the immediate relief they are requesting from the administration and Congress.

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