Farmer predicts worse food shortages, higher prices in 2023 amid inflation, drought, interests rate hikes
Fox News
Stephanie Nash, a fourth-generation dairy farmer, predicts drought, supply chain issues and rising interest rates could spell an even worse 2023 for farmers.
Food prices have been outpacing overall inflation in 2022 as November food prices showed a 10.6% increase compared to last year, while overall inflation hit 7.1%, according to the Bureau of Labor Statistics. Teny Sahakian is an Associate Producer/Writer for Fox News. Follow Teny on Twitter at @tenysahakian.
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