Small business owners are struggling to make ends meet as inflation remains painfully high with no relief in sight.
First-generation Idaho cattle ranchers Megan and Trevor Stark have had a “very challenging” time maintaining their enterprise while balancing rising prices and cutting costs to meet their consumer needs.
“[In] the last … year and a half, our costs have actually gone up 75% across the board for livestock, for feed prices, fuel, everything. So it’s gone up a drastic amount. And for us to continue on and to make a living, and expand and go through our entire business plan like we plan on, it’s very challenging,” Megan said on “America Reports” Thursday.
INFLATION, GLOBAL ‘SUSTAINABILITY’ PUSH A POTENTIAL DEATH SENTENCE FOR US AGRICULTURE, FARMERS WARN
Inflation accelerated in March for the third straight month, keeping prices painfully high for millions of Americans and likely delaying any interest rate cuts by the Federal Reserve.
Since starting their business in 2020, the …