The Producer Price Index (PPI) measures inflation before it’s passed down to the consumer. This morning’s number shows that it remained unchanged in June. The markets were preparing for a slightly higher reading.
Year-over-year, it’s up 2.3 percent, also lower than previously expected. This comes after yesterday’s Consumer Price Index (CPI), which was on target, indicating that inflation may finally be showing signs of cooling.
Related Stories
Mike Steenhoek with the Soy Transportation Coalition joins us to discuss the proposed federal gas tax suspension, fuel cost pressures, and what the policy could mean for agriculture and transportation.
Farmdoc economist estimates 2024 colony stock losses at roughly $175 million, with rebuilding and renovation costs near $161 million.
U.S. Wheat Associates is expanding into global fish feed markets, with early gains in South America and new opportunities emerging in Ecuador’s shrimp industry.
Dr. Robert Ellis joins us to discuss economic challenges in agriculture, available resources for farmers, and ways producers can evaluate practices to strengthen their operations.
The Echols family of Downsville is racing against the weather during hay season, harvesting ryegrass silage before incoming rain moves into the area.
Strong export demand is supportive, but higher freight costs may pressure basis and grain movement margins.
