Inflation, Interest Rates & the Cost of Farm Inputs

What really is inflation? How is it measured? What is the potential impact on consumers and the ag sector? Purdue agricultural economists Brady Brewer, Michael Langemeier, and James Mintert discuss these questions and the potential impacts of rising inflation & Fed policy on interest rates. Near the end of the conversation, they discuss the long-run relationship between inflation and farm input prices. 

Podcast provided by Purdue University's Center for Commercial Agriculture. Slides and a transcript from the discussion can be found at https://purdue.ag/agcast85. This podcast was recorded on April 19, 2022. For more information on the current ag outlook and farm economy, visit us at http://purdue.edu/commercialag.