There is new data out showing inflation is slowing, but it could sell trouble for the consumer.
This month’s Consumer Price Index shows a 0.1 percent drop in March, where the markets were expecting a 0.1 percent gain. On the year, the CPI is up 2.4 percent, and the markets were expecting 2.5 percent.
This could mean consumers have hit their limit.
Related Stories
Cash flow management and lender communication are becoming critical survival tools for farmers as tightening margins increase risk and borrowing pressure.
Expanded global trade access boosts long-term export demand potential for U.S. ag products.
RFD Farm Legal & Tax expert Roger McEowen shares guidance on the 45Z Clean Fuel Production Credit, its impact on renewable energy and agriculture, and what producers should know moving forward.
Border closures tied to the threat of New World Screwworm continue to stall Mexican fed cattle imports, tightening U.S. feeder cattle supplies over time — triggering feedlot closures that hinder herd rebuilding efforts, threaten the beef supply chain, and shrink production while consumer prices stay elevated.
Domestic beef demand remains solid, with the strongest growth occurring through retail channels, according to consumers surveyed in the latest K-State Meat Demand Monitor.
Stronger fuel demand supports corn usage despite a steady production pace.