Deere Reports Earnings Friday. Investors Will Have Food Inflation on Their Minds.
Yahoo! Finance
Investors will be looking for an update about agricultural production around the globe and how that production will affect food inflation in coming quarters. As most U.S. consumers probably already realize, food inflation has been running north of 10% year over year for the past three months. Drought, Covid-19, the war in Ukraine and even oil prices have all moved prices higher.
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