Archives

“It’s Going to be a Long Winter”

Mother Nature turned a colorful, late fall into a bitterly cold, early winter as if to prove—after a planting, growing, and harvest season marked by floods, drought, and mud—that she’s still in charge and still not happy.

      Not happy about what? No one can say but almost every American from Montana’s Western Slope to Maryland’s […]

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China Plays the Long Game; U.S. Keeps Getting Played

Several years ago, when Pulitzer Prize-winning columnist Tom Friedman was asked to choose which rising Asian nation, China or India, he’d bet the farm on, Friedman didn’t hesitate to pick India.

      The reason, he explained, was that while both nations were on an expressway to the future, India, the world’s largest democracy, had an open road in […]

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End of Trade War Looks Like Beginning of Cold War

If China agreed to purchase “$40 to $50 billion” of U.S. farm goods in “the next two years,” as President Donald J. Trump announced Oct. 11, the futures market—where market reality is quickly sorted from political talk—literally wasn’t buying it.

      In fact, November soybean futures, the nearby contract, opened Monday, Oct. 14 at $9.405 per bu. and […]

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Forecast for Trump Trade Talks: More Snow, Maybe Ice

      If what we’re seeing now is the Trump trade “strategy”—cram trade talks between the U.S. and China, the U.S. and Japan, and the U.S. and European Union (E.U.) into an ever-tightening window—export-dependent American farmers and ranchers are in serious trouble for several reasons.

      The first reason is the relentless calendar. Trade talks require years […]

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Checkbooks, Guns, and Baloney

The day U.S. Secretary of Agriculture Sonny Perdue announced the White House plan to spread $12 billion of taxpayer salve on its festering tariff wound, November soybean futures ended their day completely unimpressed—down a sleepy 2.5 cents.
Farmers echoed the market reaction; they, too, were unimpressed with the bailout. “Trade, not aid,” was their polite, but […]

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The Terrible What Ifs

Spring arrived slowly this year. Then, late last week, its welcome warmth and longer light slipped in and winter’s bony fingers loosened their grip.
In farm and ranch country, however, spring brings tough questions and even tougher choices. Both could have been softened if our farm and political leaders sought compromise, not confrontation. Alas, they didn’t […]

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Promises Made, Promises Kept

Of all the words used to describe President Donald J. Trump during his first days in office—bold, boastful, alternative facts—here are two that almost no person or pundit uttered: promise keeper.
Love him or loathe him, Trump took no time in checking off key items from his unconventional campaign’s list of unconventional promises.
Toss out the Trans-Pacific […]

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No Trade? No Kidding.

You know it’s a presidential election year when the U.S. Department of Agriculture (USDA) issues late summer press releases where nearly half the ink touts the Obama’s Administration’s past ag successes even as it announces actual news.
On Aug. 1 USDA issued just such a press release; 315 of its 635 words bragged about the White […]

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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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Trade Deals Going Nowhere

As the politics of this election year heat up, the chances of Congress debating—let alone passing—either of the White House’s marque trade deals continue to melt away.
Oh, there’s plenty of talk about the westward-looking Trans-Pacific Partnership and the Euro-centered Transatlantic Trade and Investment Partnership, or TPP and TTIP, respectively. Most of the yakking, however, flows […]

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