Producer Price Index
Producer input costs are rising faster than expected — and this latest PPI report does not reflect the last two weeks of geopolitical tension.
Moderate oil prices may ease fuel costs, but continued caution in the energy sector could limit rural economic growth.
Firm live cow prices and shifting dairy-side culling suggest cull cow values may stay stronger than usual this winter despite weaker cow beef cutout trends.
Following an on-target CPI, the combination could suggest that inflation is cooling.
