Latest News From Inflation

Rising potato prices aren’t hindering strong sales
Rising potato prices aren’t hindering strong sales

The average price per pound of potatoes has hit a five-year high of $2.35, but volume sales remain above pre-pandemic levels.

Vegetables
South Texas growers expect high-quality, light volume this winter
South Texas growers expect high-quality, light volume this winter

Amid weather and labor obstacles, South Texas growers expect normal supplies of winter vegetables to resume by early December.

Kristin Leigh Lore
Industry
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4 Tax Items to Cross Off Your Operation's 2023 Checklist

The end of the year is closing in. Have you considered new prepaid expense moves? According to Paul Neiffer, farm CPA at CLA Connect, you should.

Jenna Hoffman
Industry
IMF Anticipates Global Inflation Will Peak in Late 2022
IMF Anticipates Global Inflation Will Peak in Late 2022

Global inflation will likely decrease to 6.5% in 2023 and to 4.1% by 2024, according to the International Monetary Fund (IMF) forecast.

Jim Wiesemeyer
Industry
Fed to Hike Rates: Here's What You Need to Know
Fed to Hike Rates: Here's What You Need to Know

The consensus ahead of the FOMC report is a jump of 0.5 percentage points, says Chip Flory, host of AgriTalk. But what should the Fed actually do?

Sara Schafer
Industry
The Warning Signs of a Recession Are Now Heating Up
The Warning Signs of a Recession Are Now Heating Up

From record-high gas and diesel prices on the road to a major spike in the price Americans paid for their Memorial Day weekend barbecue essentials, shoppers are seeing price spikes everywhere they go.

Tyne Morgan