Coppersmith said the safety of competitors, staff and spectators was paramount.
"It is imperative that we don't put anyone at risk and do what we can to help prevent the spread of Covid-19.
"Like other organisations across the country, we are waiting on further direction from the Government on hosting events. This will help provide us with the clarity we need to reorganise plans."
NZ Young Farmers' immediate priority in the coming days was to communicate with all Regional Final competitors, committees and clubs and "formulate a plan going forward", said Coppersmith.
"We appreciate many of you will have questions around rearranging these events and the potential impact on the Grand Final. We'll keep you updated and distribute information as we can."
Coppersmith said those wanting more information could email NZ Young Farmers' communications manager at erin.speedy@youngfarmers.co.nz.
"Erin is managing the response to Covid-19 so we ask that you please do not contact any other NZYF staff member as they focus on making sure the contest can still go ahead in a different format."