If you’ve been to the grocery store, you’ve noticed higher prices.
The Bureau of Labor Statistics reported that in the past 12 months:
- Products made with grains are 16.4% more expensive than last year.
- Dairy is up 16.2%.
- Meat, up 10.6%.
- Fruit and vegetable prices rose 9.4%.
Given the hikes, it might be surprising to learn that farmers are also feeling the pain of inflation.
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