U.S. Food Prices Climb Most Since 1979
Don Lee reported on the front page of today's Los Angeles Times that, "After months of steadily climbing to a 40-year high, the pace of inflation slowed notably in July…
Food Prices Soar, Up 10.4 Percent From Last Year, Biggest Jump Since 1981
Rachel Siegel reported on the front page of today's Washington Post that, "Inflation soared in June, continuing to climb at the fastest pace in 40 years across many sectors of…
Federal Reserve: Observations on the Ag Economy- July 2022
On Wednesday, the Federal Reserve Board released its July 2022 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations pertaining…
Food, Gas Prices Soar, While Fertilizer Prices Show Signs of Moderating
Washington Post writer Rachel Siegel reported on the front page of Saturday's paper that, "Inflation in May reached a new pandemic-era peak of 8.6 percent compared with a year earlier,…
Amid Production Concerns, Food Import Costs Heading For Record, While Export Ban Worries Persist
Yusuf Khan reported in today's Wall Street Journal that, "The European Union faces a disappointing wheat harvest this year, dimming hopes that one of the world’s biggest producers might help…
FT: Russian Invasion Impacting Farm Production Costs, Squeezing Farmers’ Returns
Financial Times writers Myles McCormick and Derek Brower reported yesterday that, "Russia’s invasion of Ukraine is threatening food shortages in import-dependent nations, but it is also increasing costs for growers…
World Food Prices Fall For Second Consecutive Month, But Still Near Record
Bloomberg writer Aine Quinn reported today that, "Global food prices stayed near a record as Russia’s invasion of Ukraine disrupted trade, fueling hunger and worsening a cost-of-living crisis."
Federal Reserve: Observations on the Ag Economy- May 2022; Commodity Prices, Input Costs, Cropland Values all Climb
On Wednesday, the Federal Reserve Board released its May 2022 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations pertaining…
Iowa Farmers Dealing With Late Planting, Higher Input Costs, While Elevated Food Costs Put Focus on China
Donnelle Eller reported on the front page of today's Des Moines Register that, "This year's planting season is about as unusual as Blake Reynolds can recall: Snow, rain and cold…
Federal Reserve Ag Credit Surveys- 2022 First Quarter, Farmland Values Continue to Increase at Rapid Pace
On Thursday, the Federal Reserve Banks of Chicago and Kansas City released updates regarding farm income, farmland values and agricultural credit conditions from the first quarter of 2022.
Fertilizer Prices, Higher Still- Producers World-Wide Adjust; U.S. Faces Railway Issues
DTN writer Russ Quinn reported last week that, "Retail fertilizer prices continued to be slightly higher again the third week of April 2022, according to sellers surveyed by DTN."
Retail Fertilizer Prices Higher, as Chinese Soybean Demand Weakens
DTN writer Russ Quinn reported yesterday that, "Retail fertilizer prices tracked by DTN for the second week of April 2022 show all eight major fertilizers had higher prices than the…
Federal Reserve: Observations on the Ag Economy- April 2022; Input Costs in Focus
On Wednesday, the Federal Reserve Board released its April 2022 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations pertaining…
Ukraine Grain Storage at Issue- Spring Planting Seen Down by a Third, as U.S. Corn Hovers Near Record
Bloomberg writers Megan Durisin and Sybilla Gross reported yesterday that, "Chicago corn futures are hovering close to a decade high reached earlier Tuesday as the war in Ukraine curtails grain…
Chicago Corn Exceeds $8- Approaches Record, While Russian Fertilizer Reaching Brazil
Bloomberg's Tarso Veloso Ribeiro reported yesterday that, "Corn futures in Chicago exceeded $8 a bushel for the first time in almost a decade, approaching a record high as war threatens…
Fertilizer and Food Prices Climb, While Egypt Pays High Price for Wheat; Corn Extends Gains
DTN writer Russ Quinn reported yesterday that, "Retail fertilizer prices continue to march higher and higher, according to locations tracked by DTN for the first week of April 2022. All…
World Food Prices Hit Record in March, While Ukrainian Harvest Could Fall By 20%
Reuters writer Gus Trompiz reported today that, "World food prices jumped to a new record high in March as the war in Ukraine caused turmoil in markets for staples grains…
Farm Inflation: Fertilizer, Food, and Equipment Manufacturing
Financial Times opinion columnist Rana Foroohar indicated yesterday that, "We know that the war in Ukraine has led to sharp increases in prices for both food and fuel."
Food Prices Climb 7.9%, Biggest Jump Since 1981
Gabriel T. Rubin reported on the front page of Friday's Wall Street Journal that, "Rising energy, food and services prices pushed already elevated U.S. inflation to a 7.9% annual rate…
Federal Reserve: Observations on the Ag Economy- February 2022
On Wednesday, the Federal Reserve Board released its February 2022 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations pertaining…