|
Record gas price surge fuels sharp rise in U.S. inflation Honolulu Star-AdvertiserUS inflation tripled last month on record spike in gas prices CNNOpinion | Prices Are High. Here's One Reason Not to Panic. The New York TimesHere's the inflation breakdown for March 2026 — in one chart CNBCMarch inflation soars, confirming Iran war price shock
|
|
Soaring energy costs led to the biggest monthly increase in the Consumer Price Index since the peak of the post-pandemic inflation crisis in June 2022.
|
RELATED ARTICLES | | |
|
A U.S. delegation is set for talks with Iran on Saturday as part of the cease-fire, however Israel has continued to attack Lebanon, endangering the agreement
|
|
Trump faces surging inflation report, fueled by Iran conflict The Washington PostHere's the inflation breakdown for March 2026 — in one chart CNBCRecord gas price surge fuels sharp rise in U.S. inflation Honolulu Star-AdvertiserUS inflation tripled last month on record spike in gas prices CNN‘This is very real': Surging gas
|
|
Consumer prices in March were up 3.3% from a year ago, the biggest annual increase in nearly two years. Higher gasoline prices tied to the war with Iran accounted for much of the surge.
|
RELATED ARTICLES | | |
|
Strait of Hormuz Constraints Keep Oil Prices Elevated Crude Oil Prices Today | OilPrice.comOil ends lower ahead of U.S.-Iran ceasefire talks, posts steepest weekly loss since 2022 ReutersThe third Gulf war will scar energy markets for a long time yet The EconomistOil is plunging, but don't expect $3 gas anytime soon. Here's why | CNN Business CNN
|
|
Many farmers are facing a critical retirement decision. The traditions of yesterday are often changing, and their children may no longer want to follow in their parents' footsteps. The challenges are many. However, there are options available.
In 1971, I began my farming career at the tender age of 9 in the Skagit Valley, 60 miles north of Seattle. Crop farming was my gig; rouging spinach, sorting tulips, picking strawberries, raspberries and cucumbers alongside the migrant workers from Mexico. When I was old enough, I was driving picking machines with a dozen kids lying on boards over a conveyor belt, or driving an open tractor pulling a green pea combine while traveling about 1 mile in four hours.
SEE MORE Keeping Property in the Family with LLCs and Partnerships
Today, at the age of 59, I realize that I've been preparing this article for 50 years. During 12-hour shifts on the open tractor, it rained, often. My family could not afford proper rain gear, so a plastic lawn bag with holes punched out for my head and arms provided quite well. Working six of these shifts every seven days gives a teenager time to reflect. That's when I decided farming was very hard and I wanted an easy office job someday!
Challenges for Farmers Today
A huge debt of gratitude is owed to the men and women who feed the world. You face unprecedented challenges:
Mother NatureInconsistent commodity prices
Lack of access to labor
Global competition with lower costs of operations
Lack of resources to compete with larger corporate farming technology
Next-generation (family) choosing a different career path
You are at an age where you need to slow down or retire completely
Potential income tax law changes
Inheritance and estat
|
|
