Big Ag

Close the Barn Door

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 […]

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There’s No “Future” In the Futures Market

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 […]

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Failure Isn’t Success

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 […]

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Warbling Bluebirds

The Texas rancher was rehashing his Capitol Hill meeting over a cold beer and a not-much-warmer steak at a swanky restaurant a block or two from the White House.
“It was pretty discouraging,” he said as he sliced into the slab of red rib-eye. “That guy”—his congressman—“had no more idea of what he was talking about […]

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For the Record

It’s tough being a politician in today’s Big Data Age because something you said—or didn’t say—15 or 20 years ago pops up every 15 or 20 minutes on a database someplace between Terra Haute and Tierra del Fuego.
Take the Republican vice presidential candidate, Gov. Mike Pence of Indiana.
Before the-then presumptive GOP presidential nominee, Donald Trump, […]

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The Land of Non

For years we Americans have been perfecting the art of non-action action. It began about a generation ago with the non-apology apology: “If I offended you, I apologize.” Later we moved on to the non-committal commitment: “I’ll be there unless I get a better offer.”
Now, courtesy of Congress, our non-legislating legislature, we might soon be […]

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Like a Good Neighbor

It’s hard to think of summer without thinking of the many neighbors we shared the southern Illinois heat, humidity, and mosquitoes with on the dairy farm of my youth.
Back then, in the mid-1960s, we’d often see neighbors across the table-flat Mississippi River Bottoms as they cultivated corn or soybeans and we baled straw or raked […]

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A Good Life at “Home”

Night has day, up has down, and Hugh Grant has Gene Logsdon.
Monsanto’s Hugh Grant, as almost everyone in Big Ag knows, is chairman and CEO of the world’s premier agricultural seed company now hotly pursued by German chemical giant Bayer AG.
Writer and journalist Gene Logsdon, as almost no one in Big Ag knows, was the […]

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The “Con” in Econometric

While American farmers and ranchers were eyeball-deep in spring planting and first-hay cutting, their commodity groups and federal government were knee-deep in narrowly-focused studies filled with meaningless numbers and unchallenged econometric puffery.
For example, the National Corn Growers Association (NCGA) and U.S. Grains Council (USGC) released a privately “commissioned” report May 24 that proclaimed the 2014 […]

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Let’s Dance

Since late last summer, Big Seed’s big players have looked more like anxious high school kids hoping to pair off for the senior prom than international businesses investing in new products and markets.
The first to go courting was St. Louis-based Monsanto. Last August it offered nearly $46 billion for its Swiss classmate, Syngenta, only to […]

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