Strawberries

Economic losses to specialty crops last year were on a level that can put farming operations out of business, with the American Farm Bureau Federation estimating billions in losses to almonds, apples, lettuce, potatoes, strawberries and blueberries alone.

The company has secured $20.7 million in debtor-in-possession financing to maintain operations throughout its Chapter 11 bankruptcy process.

From fresh produce being plowed under to unharvested crops sitting untouched in fields, fruit and vegetable growers are the latest agriculture sector facing fallout from COVID-19.

Kubota Corporation and Yamaha Motor Co., Ltd. have invested in U.S. startup Advanced Farm Technologies.

With businesses around the world shutting their doors to prevent further spread of COVID-19, one industry that persists despite risk is agriculture.