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Grocery's will Cost More, Inflation on the Rise
Grocery’s will Cost More, Inflation on the Rise
July 19, 2023
Believe it or not, inflation is rising again. Future contracts on products that we use on a daily basis are rising. Corn, Soybeans, Wheat, Natural Gas, and Oil are just a few. Lumber not so much. Yet as housing inventory levels continue to stay low due to the cost to finance a home, building will most likely be the on way to purchase a new home driving the cost of material higher.
Believe it or not, inflation is rising again. Future contracts on products that we use on a daily basis are rising. Corn, Soybeans, Wheat, Natural Gas, and Oil are just a few. Lumber not so much. Yet as housing inventory levels continue to stay low due to the cost to finance a home, building will most likely be the on way to purchase a new home driving the cost of material higher.
Corn
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