Farm & Food File
A syndicated column by Alan Guebert
Finance
Warbling Bluebirds
Posted on August 17, 2016
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 […]
“Oh, I Believe in Yesterday”
Posted on July 20, 2016
Across the centuries, Great Britain has given the world many things uniquely British—the Puritans, Andrew Carnegie, The Beatles and, as we Americans again celebrate this Fourth of July, the United States.
On June 23, it gave the world another significant gift: a big step into the dark abyss of a go-it-alone future in today’s ever-globalizing world.
Sure, […]
The “Con” in Econometric
Posted on June 22, 2016
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 […]
Let’s Dance
Posted on June 15, 2016
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 […]
They Never Stopped Making It
Posted on May 11, 2016
Forty-five years ago, anyone hoping to be someone in American agriculture was offered the same, free advice: “Buy land; they’re not making it anymore.”
But “they” were making it. In fact, lots and lots of it.
According to data reported by the United Nations, the world’s farmable land base grew by about 240 million acres between 1971 […]
A Stiff-Necked People
Posted on March 23, 2016
The message from the U.S. Department of Agriculture Outlook Forum in late February was pretty clear: In 2016, we will again grow more farm goods—and, in some cases, far more—than the U.S. and world markets can profitably use.
In case you missed the number-fest, permit me to highlight the low lights of this year’s presentations.
–Barring an […]
For Sale: Cheap Bull
Posted on March 17, 2016
Despite the bile pouring out the nation’s capital, there still are three daily events in Washington, D.C. that every American can count on: sunrise, sunset, and U.S. farm groups’ unwavering support for “free” trade.
In fact, most U.S. farm and commodity groups support free trade so reflexively that nearly every one gave the just-completed Trans-Pacific Partnership […]
Free Trade! Free Lunch!
Posted on February 24, 2016
We in agriculture talk about free trade agreements as if they are the international equivalent of a free lunch. All we need is a trade deal, we preach, and a full belly—easy profit—is an almost certainty.
This lovely belief, of course, overlooks the absolute certainty that there is no such thing as a free lunch. Someone […]
February (And the Coming Apocalypse?) In Sight
Posted on February 17, 2016
Despite claims to the opposite, the increasing chances of Donald—“You’re fired!”—Trump changing to “I, Donald—do solemnly swear—Trump” is not a sign of the coming apocalypse.
Granted, the end could be closer than we think when any billionaire steps off his Boeing 757 airliner and declares, “I could stand in the middle of 5th Avenue and shoot […]
China Sees Woe, U.S. Ag Sees Red
Posted on February 3, 2016
The fireworks-filled, holiday celebration that is the Chinese New Year doesn’t begin until Feb. 8. Three weeks into calendar year 2016, however, key elements in China’s economy—its wildly speculative stock markets, less-than-transparent currency, sagging heavy industries—have gone boom.
That weakness is already being felt in U.S. farm and ranch country. Rural America, after all, is China’s […]