Posted on April 24, 2019
One tried-and-true tool politicians use to deflect public criticism is as old as politics itself: beat up the press.
Someone in Secretary Sonny Perdue’s U.S. Department of Agriculture (USDA) thought it was time to do just that April 8 as the “FSIS Office of Congressional and Public Affairs”—USDA’s Food Safety Inspection Service—issued a blistering […]
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 March 6, 2019
For those of us who have slid, shoveled, and skated through the wildest up-and-down February weather in years, here’s a warm thought: corn planters are rolling in southern Texas.
Need another reason to plant a smile on your face? In eight weeks, corn planters will be running all over today’s wintry Midwest.
After that brief […]
Posted on February 27, 2019
The President of the United States should not be the only federal official required to offer the nation’s citizens an annual report on the “State of the Union.”
Every senior department executive—from Cabinet secretaries and the Pentagon chiefs to the Senate’s majority leader and the House speaker—should be required to examine their integral part of […]
Posted on January 17, 2019
Man, that ended badly.
December limped to an ugly conclusion as nearly everyone from Wall Street to Main Street took a year-end pounding not seen in three generations. Pick an investment sector (stocks, bonds, commodities); a nation state (the U.S., China, or the European Union); or a political system (a democratic republic, parliamentary, or single-party rule), […]
Posted on January 3, 2019
If the calendar was a baseball game, mid-December would be the bottom of the ninth.
As such, and given 2018’s crazy weather, banner crops, sloppy harvest, muddled export future, and skinny-to-no profit, mid-December finds farmers and ranchers now at bat with two outs and the opposing team’s smoke-throwing relief pitcher on the mound.
Yeah, it’s been a […]
Posted on September 14, 2018
The Trump Administration’s good cop/bad cop approach to U.S. trade policy was on full display Aug. 27 when President Donald J. Trump, the bad cop that day, announced a very incomplete NAFTA trade deal—fueled by his heavy use of tariffs—that pointedly excluded Canada.
(NAFTA, or Nafta, is the North American Free Trade Agreement now under renegotiation […]
Posted on September 14, 2018
An early hallmark of the Trump Administration’s management of American farm policy is its uncanny ability to pick fights that are as costly to win as they are to lose.
For example, even if the President’s import tariff plans succeed, how many ag exports will American farmers lose before the White House declares victory and moves […]
Posted on August 23, 2018
The only Washington, D.C. area team having a worse year than the Baltimore Orioles, an awful 34-78 on Aug. 6, is big food’s biggest, richest lobbying arm, the Grocery Manufacturers Association, or the GMA.
Most American farmers and ranchers don’t know GMA by its acronym; they do, however, know its work: it was the organizer and […]
Posted on March 15, 2018
It’s difficult to improve on Mark Shields’ apt description of today’s Trump White House: “It’s like East Berlin,” observed Shields, a long-time political operative and pundit, during a recent interview, “there’s more people wanting out than wanting in.”
That was true Feb. 12 after the White House released its 2019 budget titled “An American Budget: Efficient, […]