OPINION: Consumer sentiment wanes as recession looms

“The only numbers you need to know today are 95.7 versus 97.2.”

Scott Shellady, aka the Cow Guy, says that Tuesday’s Conference Board Consumer Confidence Index® was a big miss: 95.7 versus the expected 97.2. It marked the third straight month of decline, as earnings reports for McDonald’s and Walmart show buying habits are changing.

“As the administration huddles up to try and re-define how bad you’re feeling as a consumer,” Scott Shellady said, “you continue to get fleeced across the board. Name me one consumer staple that’s cheaper now than it was eighteen months ago.” Bill Baruch, president of Blue Line Futures & Blue Line Capital joined Scott to talk about the numbers ahead of Thursday’s official release of the GDP.


What could be the effects of rising interest rates on agriculture?

Weekly jobs numbers exceeded expectations, but what does this mean with a looming recession?

Tired, Poor, and Hungry: Scott Shellady talks about the ever-evolving definition of “recession”

USDA raises its consumer food price outlook... again


RanchHer celebrated the invaluable contributions women leading the beef industry at their panel, “Your Path to Becoming a RanchHer,” Friday at NCBA CattleCon.
The department released a new forecast for grocery store prices for 2023.
The United States is taking the next step in the process by establishing a dispute settlement panel.