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, […]
Posted on February 14, 2018
You’re pretty sharp; tell me if this makes sense.
Right now, the cotton and dairy lobbies are pushing Congress to pass an additional $1 billion of federal farm spending by attaching not-yet agreed upon language to a must-pass $81 billion disaster relief bill that promises aid to long-suffering Americans overwhelmed by rain, wind, fire, and mud.
Posted on January 31, 2018
The knuckle-cracking cold that accompanied most of the country out of 2017 also followed most of us into 2018. Worse, it didn’t come alone. Much of last year’s bad mojo—the crazy weather, its bitter politics, policy gridlock—also crossed December’s ice bridge into the new year.
For example, President Donald Trump’s closed-fisted trade negotiating style reappeared Jan. […]
Posted on January 3, 2018
The gap between America’s rural poor and non-poor, like in urban America, continues to widen. The difference in rural America, however, is that the gap is widening faster than in any of the nation’s grittiest cities or suburban counties.
That’s the conclusion of two recent reports by the U.S. Department of Agriculture (USDA) and the University […]
Posted on December 7, 2017
Michael Lewis is a serious writer with a list of serious bona fides: Princeton bachelor’s degree, master’s from the London School of Economics, a stint on Wall Street and author of best-selling, non-fiction books like Money Ball, The Big Short, and The Blind Side. All were Hollywood box office hits. He also writes for the […]