Farm & Food File
A syndicated column by Alan Guebert
Archives
Everything–Corn, Soybeans, the Truth–Needs Sunshine
Posted on August 4, 2021
Stop me if you’ve heard this one before: A local grain company does well year-in, year-out buying, storing, and processing a few million bushels of soybeans. Nearby farmers love it; a strong local processor means strong local prices.
As the years pass, the plant ages and–too soon for local farmers–closes. A statewide farm group, knowing the plant’s importance […]
Big Agbiz’s Big ‘Price Fixing’ Settlements Need Big Fix
Posted on April 21, 2021
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 […]
Whipping the Soy-Boys is No Way to Win Customers
Posted on October 2, 2019
P.T. Barnum, the quintessential American showman, might have found today’s food carnival more interesting and far more profitable than his namesake circus of yore.
For example, slow food is taking note of the fast rise of meatless, or plant-based, burgers this year. Veggie burgers, their previous incarnation, are not new; the lovely Catherine has been […]
Dwayne Andreas, The FBI, and Me
Posted on December 22, 2016
Dwayne Orville Andreas, the pocket hurricane that built a sleepy soybean processor, Archer Daniels Midland Co., into a global giant, died Wednesday, Nov. 16, in a Decatur, IL hospital. He was 98.
Andreas’s career was as long and profitable as it was remarkable and jaded. Just last week someone again asked me if it was true […]