Posted on May 2, 2019
If what we’re seeing now is the Trump trade “strategy”—cram trade talks between the U.S. and China, the U.S. and Japan, and the U.S. and European Union (E.U.) into an ever-tightening window—export-dependent American farmers and ranchers are in serious trouble for several reasons.
The first reason is the relentless calendar. Trade talks require years […]
Posted on December 5, 2018
November 11 marked 100 years since the end of World War I, which U.S. President Woodrow Wilson called “the war to end all wars.”
Wilson saw himself as a historic peacemaker; instead he became an ironic phrasemaker. The Great War never brought an end to war, or even an end to that war. The then-raging Russian […]
Posted on November 29, 2018
It’s Thanksgiving week, so let’s be generous: The White House trade policy, marked by its heavy use of import tariffs and presidential tweets, continues to confound economists and trading partners alike.
A more accurate, less generous view of President Donald J. Trump’s trade policy would declare it an unhinged mess that has led to a dark, […]
Posted on October 17, 2018
Farmers and ranchers spent most of last month hoping the U.S. Department of Agriculture’s (USDA) recent crop estimates would be proven wrong and President Donald J. Trump’s “plan” to fix “the world’s worst trade deals ever” would be proven right.
September, however, disappointed them on both counts.
On Sept. 12, USDA reported that the already big 2018 […]
Posted on August 10, 2018
The day U.S. Secretary of Agriculture Sonny Perdue announced the White House plan to spread $12 billion of taxpayer salve on its festering tariff wound, November soybean futures ended their day completely unimpressed—down a sleepy 2.5 cents.
Farmers echoed the market reaction; they, too, were unimpressed with the bailout. “Trade, not aid,” was their polite, but […]
Posted on May 30, 2018
If you think writing a farm bill makes for strange bedfellows, just look at who’s allied against President Donald J. Trump’s up-and-down trade talks with China: the deeply conservative Wall Street Journal and the decidedly undecided Financial Times, or FT.
On May 8, FT’s Martin Wolf described America’s “draft framework” guiding U.S-China trade talks earlier that […]
Posted on July 31, 2017
Toques, the starched, stovepipe hats worn by chefs, are crowned with 100 tiny pleats that, explain the French, represent the 100 ways to prepare an egg every cook must master before earning the title “Chef” and a much-prized toque.
Recent action by President Donald J. Trump and his administration suggest there must also be 100 ways […]
Posted on January 12, 2017
The calendar may have changed but the numbers all U.S. farmers will work with this new year are little different from the numbers everyone worked with last year.
For example, 2016’s corn production was baked-in last fall and so too are most of 2017’s options. We grew a staggering 15.3 billion bu. last year, will use […]
Posted on March 2, 2016
As American agriculture grinds through February’s dull weather and even duller commodity markets, two Chinese firms have used the month to make inroads into the American farm and food colossus.
First, on Feb. 3, China National Chemical Corp., known as ChemChina, announced its purchase of Syngenta, the Swiss-based chemical and seed giant, for the equivalent of […]
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 […]