The Bureau of Labor Statistics (BLS) released the June CPI this morning. The CPI increased 0.3 percent on a seasonally adjusted basis in June, after rising 0.1 percent in May. The CPI is at its highest since January of this year. Over the last 12 months, the all-items index increased 2.7 percent before seasonal adjustment, after rising 2.4 percent over the 12 months ending May. The core CPI, including all-items less food and energy, rose 2.9 percent over the last 12 months. The energy index decreased 0.8 percent for the 12 months ending June, while the food index increased 3 percent over the last 12 months.
Three of the six major grocery store food group indexes increased in June, while the other three declined. The index for nonalcoholic...
What You Need to Know Today: The June jobs report showed nonfarm payrolls increased by 57k jobs, less than the 115k jobs expected by economists surveyed by Dow Jones. The labor force participation rate dropped by 0.3 percent to 61.5 percent, the lowest since March 2021, and the lowest in 50 ye...
On 4 July 2026, the United States will commemorate the 250th anniversary of the signing of the Declaration of Independence. In observance of the Fourth of July holiday, Ag Perspectives will not be published on Friday, 3 July. We will resume our normal publication schedule on Monday, 6 July...
Today was the deadline for announcing intentions regarding renewal of the U.S.-Mexico-Canada Agreement (USMCA); the U.S. will not renew the USMCA, according to U.S. Trade Representative Jamieson Greer. President Trump will instead pursue separate bilateral trade deals with Canada and Mexico las...
