Ask an Expert: Inflation and Your Operation

FCC Senior Economist J.P. Gervais discusses inflation and how it can impact your farm operation.

Key Points

• There are different measures of inflation:
• headline inflation reflects price increases for the entire economy
• core inflation is headline inflation minus prices in volatile sectors
• When interest rates go up demand for goods is lowered, easing inflation.
• High inflation leads to high input costs, forcing producers to cut costs.

Learn More

• Video: Making sense of today’s volatile markets with J.P. Gervais.

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