At 5.3 percent - the highest in nearly two decades - there is no word if this is the last one for a while. With inflation rising at an annual rate of three percent, the Fed pumped the economic brakes, again, to avoid a recession.įor the 11th time in 17 months, the Fed raised the prime lending rate. This is the Friday, July 28 edition of Market to Market, the Weekly Journal of Rural America. Information is available from a Grinnell Mutual agent today. For over 100 years, we've worked to help our customers be ready for tomorrow. Celebrating 60 years of innovation as a family owned and operated manufacturer of grain storage, drying and handling equipment out of Sheffield, Iowa. We're committed to creating what's next because at Pioneer, our name is our mission. It happens when researchers and farmers work together to solve tomorrow's agronomic challenges. And market analysis with Matthew Bennett, next. Plus, the hay market scrambles to stabilize as key growing areas struggle. Monetizing the soil through carbon sequestration. Coming up on Market to Market - Unbearably hot temperatures continue and farmers may be paying the price.
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