- June 19, 2022
- Posted by: Stratford Team
- Category: Economy
The drought monitor report as of Tuesday, June 14 indicated no real change for our area as we continue in moderate drought. However, with the forecasted heat and winds, conditions will likely go downhill rapidly. The six to ten-day outlook (June 21 to 25) indicates a 70 to 80% chance of above normal temperatures and normal to slightly above normal precipitation. The eight to 14-day outlook (June 23 to 29) indicates a 60 to 70% chance of above normal temperatures and normal precipitation. The heat of this past week certainly sped up the start of wheat harvest and rapidly ripened later wheat. As long as rain holds off and with the expected yields, this should be a rapid harvest.
Unless you have been asleep for the last year, you are aware of the highest inflation rate over the last 40 years. Food and energy prices have especially spiked. Economic inflation is defined as “a situation of rising prices in the economy; a sustained increase in the general…
