Farm Bureau economist concerned about short and long-term impact of inflation


Farm Bureau economist concerned about short and long-term impact of inflation

American Farm Bureau’s chief economist is concerned about inflation limiting the ability of farmers to borrow money.  

Roger Cryan says consumer prices have risen nearly 20 percent the past four years and he expects inflation to swell another five percent in 2023.

“That’s bad enough as it is as it creates uncertainty and volatility in pricing generally. But on top of it, the Fed is trying to address that through interest rate increases.

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