AGRICULTURE TODAY 02/07/2023
AGRICULTURE TODAY PODCAST Today’s episode looks at the summer and fall weather forecast for the U.S., inflation and energy prices in 2023, the latest Purdue/CME Group Ag Economy Barometer, the … Read More
Tag: inflation
Will Economic Recession Be Part of 2023 Landscape?
DENVER, CO – The U.S. economy still has considerable momentum and is not currently on the verge of recession. That statement comes from Dan Kowalski, vice president of CoBank’s Knowledge … Read More
Agribusiness Report Podcast: David Widmar
AGRIBUSINESS REPORT PODCAST – Guest: David Widmar is co-founder of Agricultural Economic Insights (www.AEI.ag), and talks about trade with China – focusing on corn and beef – and inflation/interest rates … Read More
Spiraling Inflation and Higher Input Costs Pressuring Farmers
WEST LAFAYETTE, IN – The Purdue University/CME Group Ag Economy Barometer dropped to its lowest level since April 2020, down 22 points in May to a reading of 99. Agricultural … Read More
Agribusiness Report Podcast: Dr. Jared Bernstein
AGRIBUSINESS REPORT PODCAST – Guest: Dr. Jared Bernstein is a trained musician, but also an economist with the White House Council of Economic Advisors (CEA) and gives an indication of … Read More
Inflation Concerns Remain Though Agricultural Inflation is Lagging
For most major commodities prices remain above pre-pandemic levels, and farm income is expected to be higher than a year ago for the second consecutive year.
Labor Shortages and Supply Chain Constraints Still Present
Inflation projections are increasing as supply chain constraints and labor shortages continue to weigh on the economy, that’s according to the seven members of the Board of Governors of the Federal Reserve System.
Growing Inflation Concerning Farmers; Economists Suggest Temporary Situation
There’s concern among farmers and ranchers about the potential for systemic inflation as supply chain bottlenecks and product shortages lead to increasing prices nationwide.
Bankers Offering Optimistic Projections for Expanding Economic Activity
Pent-up demand may fuel a wildfire of economic activity this year, leading to a 7.2 percent growth rate according to the American Bankers Association’s Economic Advisory Committee.