Farm & Food File
A syndicated column by Alan Guebert
Big Ag
Market Forecast for Summer: Cloudy with a Chance of Hardheadedness
Posted on August 17, 2022
A veteran commodity trader once urged me to remember that “People who say the market is wrong are usually on the wrong side of the market.”
That insight, he added, had been learned the hard way, “…as in hardheaded.”
His advice came to mind as the futures market carried its June swoon into the U.S. Department of […]
Nowhere to Hide at Low Tide
Posted on August 17, 2022
Mega-billionaire Warren Buffett has a well-deserved reputation as a genius “value investor” and pithy commentator. His annual reports to Berkshire Hathaway shareholders are highly anticipated for their market insight and expressive language, and often make news because of both.
For example, one of Buffett’s most quoted sayings colorfully explains that “You only find out who’s swimming […]
It’s a Big Country and It Floats on Less and Less Water
Posted on July 15, 2022
From 35,000 feet, the white ring that marks the high level of Lake Powell looks just like the ring of an emptying bathtub. The only difference is the chalky top mark on this big tub, once the second largest freshwater reservoir in the U.S., is an unscrubble 1,900 miles around.
And Lake Powell, the upper reservoir […]
Don’t Be a Chicken–Literally
Posted on July 15, 2022
Caution: This is a chicken-and-egg story.
Late this winter, as our Covid pandemic was waning, many bird species–and especially chickens–were suffering their own terrible pandemic, the spread of “highly pathogenic avian influenza (HPAI),” noted, FERN, the Food & Environmental Reporting Network May 31.
How terrible? Since January, 38 million chickens have died in the U.S. either because […]
‘I have said we have to see some results!’
Posted on June 15, 2022
It’s no surprise that the nation’s five largest meatpackers, according to a May 12 government report, “engaged in a concerted effort with Trump Administration political officials to insulate themselves from coronavirus-related oversight.”
After all, the House Select Committee on the Coronavirus Crisis (the Committee), the body charged with oversight of government’s response to the pandemic, released […]
First steps in ag climate fight are honesty and courage, not offsets and credits
Posted on May 13, 2022
Last May, the Canadian farm group National Farmers Union (NFU), submitted a detailed response to the Canadian government’s earlier “Draft Greenhouse Gas Offset Credit System Regulations.” The response, like the government request, went relatively unnoticed in U.S. ag circles.
It shouldn’t have because the 23-page reply by the 200,000-member NFU was as shocking in its brevity […]
‘I used to say FDA stood for foot-dragging artists”
Posted on May 13, 2022
FDA is, of course, government shorthand for the Food and Drug Administration or, as Helena Bottemiller Evich makes crystal clear in a deeply-sourced, richly detailed April 8 exposé, the Food and Drug Administration.
The emphasis is required, explains Bottemiller Evich, a senior editor and ag reporter at Politico, because “a monthslong… investigation” found “that regulating food […]
Big Food Makes Big Ag Look Like a Piker
Posted on May 6, 2022
If you think Big Ag has too few suppliers, too few buyers, and too few farmers and ranchers, you need to meet Big Food. It is big-time big.
Who is Big Food?
That straightforward question was tackled by academics, journalists, and legal professionals in a day-long conference on March 12, titled “Reforming America’s Retail Food Markets,” at […]
Global Food Chains Face More Uncertainty, More Instability
Posted on March 31, 2022
For the second time in two years, a history-making calamity has shown just how fragile the world’s efficiency-driven, deeply interdependent food system is.
Two years ago, a rampaging pandemic threatened America’s pantries. Today, Russia’s invasion of Ukraine threatens supplies of key ag inputs like fuel and fertilizer while causing deep disruptions to global wheat, corn, and […]
Big Ethanol Sees Electric Cars as a Market Maker, Not Market Taker
Posted on March 4, 2022
One of modern agriculture’s most beloved offspring, ethanol, received a sharp reprimand Feb. 13 from Iowa’s largest newspaper, The Des Moines Register.
In an editorial titled “Ethanol has been a boon for Iowa’s economy. But it’s time to pivot and figure out what’s next,” The Register chided Iowa Republicans and Democrats alike for supporting ethanol-pushing programs […]