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Farmers, consumers being hit by inflation

Texas farmers and ranchers are paying more at the grocery store, just like everyone else. We see the higher cost of food.The numbers tell the story. The price for groceries jumped 1.4% in February and 8.6% over the past year, the Bureau of Labor Statistics reported.The increases seem a bit high? They were. The monthly increase was the largest in about two years, but the 12-month increase was the biggest since the period ending April 1981.It all helped drive an overall hike in the Consumer Price Index of 7.9% over the past 12 months, also the largest in 40 years.Dollars ...

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Lamesa Press-Reporter

P.O. Box 710
Lamesa, TX 79331