Finance

More Greenhouse Gas Comes from Rural Leaders Than Rural America

While everyone uses water, Americans use it up, noted Wallace Stegner, the preeminent writer of the West, in his 1992 book of essays Where the Bluebird Sings to the Lemonade Springs.

      That shrewd observation is even more accurate today.

      In fact, even though we’ve dammed every river west of—and including—the Missouri, pumped most underground aquifers to […]

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Global Meatpackers Filet U.S. Taxpayers Again and Again

Like many global meatpacking companies, JBS SA, the giant Brazilian meat and poultry packer with extensive operations in North and South America, Europe, and Australia, spent most of the last six months buying its way out of trouble with U.S. customers and the American government.

      Even a cursory examination shows JBS spent $221.5 million in […]

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Big Agbiz’s Big ‘Price Fixing’ Settlements Need Big Fix

In a now too-common story in U.S agriculture, Archer Daniels Midland (ADM) last month agreed to pay farmers $45 million to settle what the March 13 Wall Street Journal described as “price-fixing allegations leveled at its peanut processing division.”

      While $45 million is, indeed, peanuts to ADM—its estimated 2020 revenue will top $65 billion—this isn’t the first […]

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AltEn: The Mess Gets Even Messier

On March 1, Nebraska’s attorney general threw the book at AltEn, alleging the 24-million-gallon-per year ethanol maker near Mead spent most of the last five years making an environmental mess of its biofuels plant and the surrounding rural community.

      In a 97-page civil complaint, the state detailed 18 “causes of action” against AltEn ranging from […]

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Figuring the Odds

If you’re a corn and soybean farmer or an ag commodity futures trader, one of the biggest make-or-break days of the year looms: On March 31, the U.S. Department of Agriculture (USDA) will issue its Prospective Plantings report.

      The much-anticipated report is the world’s first look at USDA’s best estimates for the upcoming year’s planted acreage of […]

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The Best Way to Start is to Start

Forty years ago, two editors at Successful Farming magazine, Gene Johnston and Dean Houghton, won most major ag journalism awards with a story titled “Who will kill the hogs?”

       The piece (not available online) tracked a new, potent shift just beginning to hit the 600,000 hog farmers in the U.S.: Local meatpackers were being squeezed for hogs […]

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What Exactly is China Buying on its U.S. Shopping Spree?

As political winners joust over election spoils, many Americans are tickled pink (or purple) to leave the costliest, most bitter campaign season behind and return to their lives of family, work, and dreams.

      For U.S. farmers and ranchers that means a return to three pre-election realities: a strong, export-led rise in grain prices; another winter […]

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Big Ag is Counting on a Purple Blue Dog

      If there is such a thing as a 76-year-old poster child, Collin Peterson, the chairman of the House Ag Committee, could be the weatherworn face of today’s red-and-blue political divide in rural America. His qualifications for the job are, well, colorful.

      For example, he’s a 15-term, incumbent Democrat in a rural Minnesota congressional district […]

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Now Would Be a Good Time for Honest Dishonesty

Somewhere in southern Illinois there’s a high school yearbook that contains a photo of me and another student leaning against a classroom wall on either side of a 1972 campaign poster of a smiling Richard Nixon. The caption writer, another student, notes that my buddy and I are “standing” with our man, the then-incumbent president.

      […]

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Perilous Bounty is a Journey Well Worth Taking

      Some books are worth more in your hand and on your shelf than they are as electrons in your e-reader. These books, and their authors, are valued friends and you return to them often for information, advice, and comfort.

      Two downsizing moves in the last 15 years have pared my library to a few shelves […]

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