We know inflation has rapidly increased in the past year, both on the farm input side and normal living costs. The increase has caused angst for many, however, there are five ways inflation is good for us — estate tax exemptions, gifting, income tax rate brackets, deductions and social security.
Consumer prices in the U.S. rose 0.4% on a monthly basis in September, the highest reading in three months, and twice the market expectation of a 0.2% gain.
Certainly, you can attract new employees and hold on to your current staff by raising wages and improving benefit packages, but helping employees feel engaged and appreciated can also take other forms.
American Farm Bureau Federation (AFBF) released its general new farm bill recommendations on Thursday. First on the AFBF’s list: “protect farm bill program spending.”