Articles tagged under: inflation

Inflation Edges Lower

Published April 13, 2023

The U.S. inflation rate in March moved to its lowest level since May of 2021. The Consumer Price Index rose five percent last month, down from the six percent increase in February. Food inflation was 8.5 percent above one year…

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Supply Chain Improvement

Published January 5, 2023

Inflation is causing farm equipment prices to increase, but the rate of change has slowed. "Energy is really impacting price increases," said Daryl Theis, head of sales and marketing, CLAAS America. "It does seem to be peaking and some machinery…

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Back on Track

Published November 8, 2022

NDSU Center for the Study of Public Choice and Private Enterprise Director Jeremy Jackson says the U.S. Gross Domestic Product is almost back on track after the pandemic. "We're not quite back onto the same path as we would be…

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Looking for a Hedge Against Inflation

Published September 9, 2022

According to Utterback Marketing President Bob Utterback, the market attitude about the equity markets has changed over the last three weeks. "It's darkening because the Fed said they're going to be aggressive on getting inflationary rates down and Interest rates…

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Inflation Moves Higher

Published July 18, 2022

U.S. inflation continues to jump higher hitting levels not seen in 40 years. The U.S. Labor Department’s Consumer Price Index jumped 9.1 percent in June, up from 8.6 percent in May. June’s increase was led by an 11.2 percentage increase…

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Another Inflation Increase

Published May 12, 2022

Inflation is 8.3 percent higher than it was one year ago. According to the U.S. Bureau of Labor Statistics, the energy index declined in April, but there are increases in the indexes for shelter, food, airline fares and new vehicles.…

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Inflation Impacts Agriculture

Published April 18, 2022

At 8.5 percent, the general inflation rate is at its highest level in years, but Bell Bank Senior Vice President of Agribusiness Development Lynn Paulson thinks the inflation rate for production agriculture is much higher. "When you're talking about doubling…

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ABC-Anything But Corn

Published April 4, 2022

North Dakota corn acreage is expected to decline significantly this year. Advance Trading Risk Management Advisor Tommy Grisafi says the rising fertilizer costs are a major factor. "Clients in North Dakota have been telling me for months that it would…

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Consumer Prices Skyrocket

Published March 10, 2022

U.S. inflation climbed to 7.9 percent compared to a year earlier in February, which is the highest in 40 years. The Department of Labor’s Consumer Price Index is at its highest rate since 1982 when the annual inflation rate was…

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Inflation at Levels Not Seen in 40 Years

Published February 11, 2022

The Consumer Price Index increased 7.5 percent last month. The Federal Reserve was already expected to increase interest rates at its March meeting. Analysts are saying the higher inflation rate will likely accelerate a series of interest rate increases.

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