Producers received higher prices for lettuce, cattle and corn, and lower prices for milk, eggs and wheat. Costs rose for rent, nitrogen fertilizer and other services, while falling for diesel fuel, interest and mixed fertilizer.
Food prices paid by consumers will be going up, due in part to continued drought conditions in some of the country’s most productive farmland and due in part rising costs. The rising farm price index does not predict that inflation will zoom up, but it is one indicator that consumers will be squeezed again to decide whether to buy something to eat or that new electronic gizmo. Food usually wins, and the effect on the economy is (usually temporarily) not good.
100 Million Americans Are Missing This Crucial Retirement Tool
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
