Posted on January 12, 2017
The calendar may have changed but the numbers all U.S. farmers will work with this new year are little different from the numbers everyone worked with last year.
For example, 2016’s corn production was baked-in last fall and so too are most of 2017’s options. We grew a staggering 15.3 billion bu. last year, will use […]
Posted on December 29, 2016
Truth, civility, and honesty took a hard beating in the brutal 2016 election season but global trade, the campaign’s daily whipping boy, actually grew in the July-September quarter.
Moreover, reports the CPB Netherlands Bureau for Economic Policy Analysis, an international group that tracks trade, the late summer surge means global trade “may rise over the year […]
Posted on December 22, 2016
Dwayne Orville Andreas, the pocket hurricane that built a sleepy soybean processor, Archer Daniels Midland Co., into a global giant, died Wednesday, Nov. 16, in a Decatur, IL hospital. He was 98.
Andreas’s career was as long and profitable as it was remarkable and jaded. Just last week someone again asked me if it was true […]
Posted on November 30, 2016
When most of us hear the words “Have I got a great deal for you!” we grab our wallets because experience suggests any forthcoming deal won’t be great.
Similarly, when someone says, “Here’s the straight talk,” our baloney meters redline because we know the coming talk will be about as straight as a hound’s hind leg.
Posted on November 16, 2016
The Environmental Working Group (EWG) is using this harvest season to solidify its reputation as the biggest not-for-profit policy organization American farmers love to hate.
The hatred took root in 1995 when EWG published—on something called the Internet—a 10-year, searchable database of U.S. Department of Agriculture (USDA) payments to all American farm entities. Farmers, especially the […]
Posted on November 16, 2016
The more the American meat and milk sectors industrialize—via integrated contract production, fewer bigger players, machine-centered scale—the more these key parts of American agriculture resemble industry itself: commoditized products, razor-thin margins, and extended periods of steep losses.
This shift from what we once quaintly called animal husbandry has also shifted economic and political power to a […]
Posted on November 2, 2016
As this year’s harvest and general election roll into October, key Capitol Hill farm policy players are looking past both events to stake out negotiating territory in the upcoming 2018 Farm Bill fight.
It’s not too soon. The Congress elected next month will rewrite the every-five-year law that divvies up $100 billion a year on federal […]
Posted on October 19, 2016
One of the oldest truisms in agriculture is the simple, rock-solid advice that the time to close the barn door is before the cows get out. Closing the door afterwards, as everyone knows, is pointless because the cows are already long gone.
Everyone, except of course, the U.S. Congress which, on Sept. 20, hosted a Senate […]
Posted on September 21, 2016
As the food industry continues to consolidate into fewer, bigger players, the price risk it once hedged in Chicago and New York futures markets is being pushed back onto the very farmers and ranchers it buys from.
The reason is simple: the Big Boys have the market power to do it.
After decades of Big Ag’s talk […]
Posted on August 31, 2016
The most positive news about the most negative presidential campaign in modern history is that, in 80 or so days, we can forget to remember it.
Or should that read “remember to forget it”?
It’s hard to get the words right when it’s so easy for our political actors to get them wrong. In their hands and […]