# Commodity Price Rise Has Helped Agriculture Ride Out Inflation

> CoBank's quarterly report said agriculture is weathering inflation thanks to strong pricing power from commodity shortages. The lender expects the Federal Reserve to keep raising rates into 2023. It described the broader US economy as resilient but warned of likely damage in the first half of 2023.

- Date: 2022-10-18 · published 2022-10-18T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/10980-commodity-price-rise-has-helped-agriculture-ride-out-inflation
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Continued Fed tightening strengthens the dollar and raises borrowing costs, which can weigh on commodity prices and farm spending. Tight supplies are still supporting grain and energy-related pricing power.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2023-01-09 | [Looking to a turn in the commodity price cycle - CRU Group](https://feedsoft.ai/events/10450-looking-to-a-turn-in-the-commodity-price-cycle-cru-group.md) | 0.0% | +2.0% |
| DAP | 2024-01-30 | [Fitch Sees Higher Prices for Ammonia, Urea, Phosphate Rock -- Commodity Comment - MarketWatch](https://feedsoft.ai/events/32438-fitch-sees-higher-prices-for-ammonia-urea-phosphate-rock-commodity-comment.md) | -1.7% | -1.3% |
| DAP | 2023-09-01 | [DAP Price Crosses Rs. 13,000 In Punjab Amid Devaluation and Hoarding](https://feedsoft.ai/events/34442-dap-price-crosses-rs-13-000-in-punjab-amid-devaluation-and-hoarding.md) | -0.7% | +0.3% |
| DAP | 2021-10-22 | [Fertiliser market price rise: wait or buy now?](https://feedsoft.ai/events/44888-fertiliser-market-price-rise-wait-or-buy-now.md) | -0.5% | +4.3% |
| DAP | 2023-02-10 | [Fertiliser prices likely to remain at high level in coming months](https://feedsoft.ai/events/11746-fertiliser-prices-likely-to-remain-at-high-level-in-coming-months.md) | +2.2% | -1.2% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/business-inputs/article/2022/10/18/commodity-price-rise-helped-ride

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.