“Navigating Food Inflation: Insights from Wells Fargo’s Chief Agricultural Economist on Market Volatility and Supply Chain Challenges”
Every food category, whether it be meat, produce, bread, or dairy, has faced inflationary pressures recently. According to data from the U.S. Bureau of Labor Statistics, the consumer price index for food-at-home experienced its largest 12-month increase in over 40 years. Factors contributing to this rise include supply chain disruptions, labor shortages, and escalating fuel … Read more