BATON ROUGE, La. (BRPROUD) – Inflation continues to be a headache for many individuals throughout the nation, together with proper right here in Louisiana. State officers try to determine options on one of the simplest ways to assist individuals in Louisiana.
“Forestry, agriculture, oil, gas, minerals, and mining — that is the foundation of the economy, and now more than ever we understand why we need that,” stated Louisiana Commissioner of Agriculture and Forestry Mike Strain.
Strain says the struggle in Ukraine will proceed to impact costs on items and all issues Louisiana agriculture.
“Now, IMF, the international monetary fund, just came out with predictions looking at food between now and next year across the world. You know what that number is? It’s over 14 percent in continuing. My friends, we have to get a handle on this,” stated Strain.
According to the U.S. Bureau of Labor, the meals at house index rose 10 p.c during the last 12 months — the biggest 12-month enhance because the interval ending March 1981. Strain continued by stating,
“So, again, we have to increase natural gas and oil to bring down the cost so that we can affect food prices,” stated Strain. “So someone said, ‘Why aren’t food prices going to come down in six months?’ Because it can’t.”
Strain believes the one technique to sluggish it down is to create our personal.
“And that’s what we got to do,” stated Strain. “Higher production, [fewer] inputs, less reliance on any chemical or fertilizer but we got to meet the increased production.”