inflation

The FAO Food Price Index averaged 135.7 points in November 2022, virtually unchanged from October.  The index offered month-on-month decreases in the price indices for cereals, dairy and meat, nearly offsetting increases in vegetable oils and sugar.  At...

It’s a common theme across the agricultural community this year, the cost of doing business continues to increase.  Randy Grant, President of the Snake River Sugarbeet Growers Association, said inflation has impacted growers across the area in a variety of ways.   “Our i...

Interest rates on farm loans increased sharply in the third quarter, and the acceleration in farm real estate values continued to ease.  The Kansas City Fed said farm income and credit conditions remained solid, but the pace of improvement softened.  The fin...

The Creighton University October Rural Mainstreet Index dropped for the sixth time in the last seven months.  It’s the fifth-consecutive month that the index has been below growth neutral.  Creighton University’s Dr. Ernie Goss said the index...

Some economists had been projecting a moderation of prices paid to farmers for most crops and higher prices for most livestock and during September those projections mostly came to pass.  USDA reports prices received index dropping 1.3% for cr...

Statistics Canada has released its latest economic indicators report. In September the country’s overall inflation rate was just under 7%, a near repeat of the August report. But Canadian food costs continue to rise. Prices in grocery stores rose to about 11.5%, a...

Ongoing inflation resulted in higher retail prices of organic fresh produce during the 3rd quarter of this year.  The Organic Produce Network says that generated a 4.1% increase in total organic dollars but also contributed to a decline of 4.5% in org...

Online grocery buyers are spending more but buying less.  According to the Grocery Doppio Performance Report, digital sales improved in the third quarter of 2022, albeit lower than 2021 levels.  The report released this week shows 13.7% of all grocery s...

The United Nations’ Food and Agriculture Organization says food prices dropped 1.1% from August to September, marking the 6th straight monthly decline.  The drop in the Food Price Index was driven by a sharp fall in the international prices of vegetable oils and moderate decreases in those of sugar, meat, and dairy products.   Togeth...

There’s a long way to go, but commodity markets are watching U.S. harvest results.   “Early yield reports I’m getting, coupled with the cash basis, is the market, and I are both thinking that USDA has got a low enough yield in these corn and bean numbers at this point," said Mike Zuzolo, founder and president of Global Commodity Analytics.  "And with export dem...