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Economist: Inflation rate rises to 3%, could be bullish for commodities

An ag economist says farmers should monitor grain futures as inflation continues to increase. Consumer prices rose half a percentage point in January and University of Missouri’s Ben Brown says the commodity markets could benefit. “There’s some evidence that suggests that commodities follow the... Read More.

Food Price Forecast for 2023: 8% Inflation Likely

UNDATED (HPM) - The U.S. Department of Agriculture predicts food prices won’t rise as sharply in 2023 but still could climb 8% over last year’s rates. Harvest Public Media reports the higher prices are affecting grocers as well as consumers.Robert Kimball owns Wohlner’s Neighborhood... Read More.