NASHVILLE, TENN. (RFD NEWS) — We are getting a fresh read on inflation this morning, and it is running hotter than expected. The Producer Price Index shows wholesale inflation rose 0.7 percent last month, more than double expectations.
On the year, PPI is now up 3.4 percent also coming in above forecasts. It is important to note that this report does not reflect the last two weeks of geopolitical tension. We will get a clearer picture of how the conflict with Iran is impacting inflation in next month’s data.
March 2026 CPI data, a similar report tracking consumer inflation, is scheduled to be released on April 10, 2026, at 8:30 AM ET.
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Economists are also closely watching how policy decisions in Washington could influence markets moving forward. Analysts say deferred futures for corn, soybeans, and wheat suggest markets are operating near break-even levels, not at prices that would encourage expanded production.
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Smaller cow numbers and a declining calf crop point to prolonged tight cattle supplies, limiting near-term herd rebuilding potential.