Posted on January 2, 2020
No major American daily newspaper features sharper, more poisonous pens than the market-focused writers at the Wall Street Journal. When these opinion peddlers go after you in print, they hit hard, fast, and—most of the time—with inarguable fact.
Witness the Journal’s lead editorial Dec. 3, titled “Mount Tariff Erupts Again,” a full-frontal assault on President Donald J. […]
Posted on July 31, 2019
Look out, rural America, Congress is headed your way during its annual month-long break in August and its members want to talk trade, trade, and trade.
They don’t, however, want to talk about America’s flagging 2019 ag exports or the still-in-place, retaliatory tariffs that are clipping U.S. exports.
No, rural America’s almost entirely Republican […]
Posted on March 14, 2019
One of the oldest theoretical constructions in economics declares that in a perfect market, short term profits and losses eventually even out so that, in the long term, all profits are zero.
Famed 20th century English economist John Maynard Keynes gets credit for restating this jargon-rich theory into clear, concise language when, in 1923, he wrote, […]
Posted on February 6, 2019
Two hundred and forty-three years after the not-yet United States declared its independence in a lengthy letter to England’s King George III, the old enemies are, yet again, new allies.
This time, however, it’s an unlikely alliance of defiance; both are challenging international institutions like the World Trade Organization and the European Union (E.U.) which some […]
Posted on November 7, 2018
If war is hell, then trade wars must be a purgatorial stop along the way. For proof, just look where Election Day 2018 finds American farmers.
Faced with ample production, stale commodity prices, and the lowest forecasted national farm income since 2002, U.S. farmers are now waiting for a winter of government “tariff mitigation” payments while […]
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 June 21, 2017
Political scandals in Brazil, like much in the fast-growing, global food giant, are so bold and so far out of bounds that calling them “outrageous” slanders their perpetrators.
Moreover, the scandals occur so frequently that it seems Brazil requires political chicanery and bribery to even function.
The latest evidence involves JBS SA, the Brazilian meatpacker that dominates […]
Posted on May 17, 2017
Those Wisconsin dairy cows at the center of another trade kettle now boiling between the United States and Canada, a friend suggests, aren’t really black-and-white Holsteins.
They’re tiny, yellow canaries, he opines, and their tweets—not President Donald J. Trump’s—are a warning that America’s reign as the world’s ag export superpower is fading and U.S. farmers and […]
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 December 29, 2016
Truth, civility, and honesty took a hard beating in the brutal 2016 election season but global trade, the campaign’s daily whipping boy, actually grew in the July-September quarter.
Moreover, reports the CPB Netherlands Bureau for Economic Policy Analysis, an international group that tracks trade, the late summer surge means global trade “may rise over the year […]