Farm & Food File
A syndicated column by Alan Guebert
U.S. History
From Catalonia to California, It’s Been One Long, Hot Summer
Posted on September 9, 2022
Long ago when traveling through Europe, a friend developed what he called the “Alan Rule” since I never remembered the Celsius-to-Fahrenheit conversion math: 10 degrees Celsius, wear a coat; 20 degrees, a light jacket; 30 degrees, shirtsleeves.
There was no suggestion for 40 degrees because 40 degrees Celsius is a baking 104 degrees Fahrenheit (F), an […]
‘Funeral by Funeral, Theory Advances’
Posted on September 9, 2022
In 1970, Paul Samuelson became the first American awarded the Nobel Memorial Prize in Economic Sciences. The honor came to the Massachusetts Institute of Technology economist because he had “simply rewritten considerable parts of economic theory.”
True that. Samuelson had already written what would become the best-selling college textbook on the subject, Economics, (now translated into […]
Our Money, Their Mouth, Your Choice
Posted on August 17, 2022
If the political polls are to be believed, November’s midterm election will sweep Democrats out of power in the U.S. House of Representatives and put Republicans back in charge.
If accurate, House Republicans will have a splendid opportunity to put your tax money where their collective mouth is by implementing their highly detailed, little-publicized “Blueprint to […]
Outside the Fence One Time Too Many
Posted on August 17, 2022
Contrary to folklore, three times is rarely a charm. The number three, in fact, often carries woe: “Three strikes and you’re out,” for example or “Bad news usually comes in threes.”
U.S. Department of Justice (DOJ) prosecutors rediscovered these portentous axioms July 7 when, for the third time in less than a year, a jury in […]
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 […]
The Simple Answer to the Simple Question
Posted on July 15, 2022
Oftentimes the simple answer to a simple question is the simple truth.
Some people, however, don’t want the simple truth, so they bend facts or shave figures so their square pegs replace roundly accepted reality. It’s commonplace in ag.
For example, on April 12, President Joe Biden traveled to Iowa to announce an expansion of the ethanol […]
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 […]
New Signs of Apocalypse: War, Famine, and Davos Man
Posted on June 15, 2022
On the very week the United States marked its one millionth Covid death and anxious American parents awaited a military airlift for baby formula, Davos Man, he of the pinstriped master-of-the-universe class, emerged from his bulletproof, bombproof office to report all was well in the world of intergalactic finance and handmade shoes.
Well, kinda’ sorta’ well.
There […]