Goldman Sachs news
Agriculture continues to make headlines. Here is some of the latest farm industry news.
Based on the Consumer Price Index, a tool used to measure inflation, there was a 6.2% increase in the cost of all items over the past year. The sharp spike in inflation was due to energy, shelter, food and vehicle costs.
President Joe Biden tried to reassure Americans that he can tame high inflation, announcing a deal to expand operations at the Port of Los Angeles as prices keep climbing and container ships wait to dock in a traffic jam threatening the U.S. economy and holiday shopping.