Farm & Food File
A syndicated column by Alan Guebert
From the Column
The Great Carbon Boondoggle – Part 2
Posted on February 22, 2023
Bruce Rastetter, Iowa’s longtime agricultural and political power center, has a sixth sense when it comes to making money.
In 1984, according to the Des Moines Register, Rastetter “started feeding hogs on contract… and within two years, 500 head grew to 100,000.” A decade later, his Heartland Pork was the 12th largest hog farm in the […]
The Great Carbon Boondoggle – Part 1
Posted on February 22, 2023
Many policy choices are made on politics alone while other key decision-making elements like cost, science, and even common sense play a lesser, or no, role.
In the old days, this political math resulted in–literally and figuratively–“bridges to nowhere” that cost millions and did little other than raise the local politician’s reelection odds.
Today, these exercises of […]
Any new Farm Bill must navigate the unruly 2023 House GOP–again
Posted on February 22, 2023
As expected, the 2023 Farm Bill express is not running on time. In fact, it didn’t even leave the station when its chief engineer, Pennsylvania Republican and incoming House Agriculture Committee Chairman Glenn Thompson, said it would.
That’s no surprise; it’s Congress, after all.
Indeed, it would have been a big surprise had it started on the […]
Commodity markets see winter thaw, securities markets remain in deep ice
Posted on February 22, 2023
As 2023 searches for a toehold, both the commodities and securities markets continue on the paths plowed for them by last year’s larger-than-expected inflation, Russia’s brutal war, a likely surge in the global pandemic, and a growing power vacuum in American politics.
Securities markets hated 2022’s bad news and most market indices hit yearly highs in […]
Unfinished Business: Immigration Reform
Posted on January 6, 2023
Like the weather, everyone talks about immigration reform but few do much about it.
In fact, do-nothingness is the dominant trait of immigration lawmaking. A Google search of the phrase “ag immigration stalemate” delivers “about 621,000 results in 0.61 seconds” dating back to at least the mid-1990s.
There was, however, a moment of movement last summer when […]
Howard’s Priceless Gift of Simple Giving
Posted on January 6, 2023
The Christmas tree was a scrub cedar hacked from the edge of the woods that bordered the farm.
Big-bulbed lights, strung in barber pole fashion, generated almost as much heat as the nearby woodstove. Yellowed Christmas cards, saved through the years and perched like doves in the untrimmed branches, served as ornaments.
“I believe this is the […]
You’re a Neoliberal, I’m a Neoliberal, We’re all Neoliberals–For Now
Posted on January 6, 2023
For almost 50 years, the world has gotten faster, richer, and–yes–fatter. The power behind all that (ahem) growth has been neoliberalism.
It’s not a political label or a personal slander. Instead, as author Rana Foroohar explains in her new book, Homecoming, neoliberalism is “an economic and political philosophy that capital, people, and goods should be able […]
House’s New Ag Boss Doesn’t Offer Much That’s New
Posted on January 6, 2023
While his Republican House colleagues were fighting for votes–and party majority–a week after the Nov. 8 midterm election, Pennsylvania incumbent Glenn Thompson, the ranking GOP member of the House Ag Committee, was basking in the glow of another blowout re-election.
His hammering, 40-point win wasn’t his biggest. That came in 2020 when he won his sixth […]
CFTC’s Role in ‘Crypto’ is More Lapdog Than Watchdog
Posted on December 13, 2022
If you don’t understand the allure, gyrating value, and many crack-ups of cryptocurrency, a few words from New York University’s Nouriel Roubini, the economist who predicted the 2007/08 housing collapse, might help.
Speaking at the Abu Dhabi Finance conference in mid-November, Roubini, reported CNBC, “… described crypto and some of its major players as an ‘ecosystem […]
Life on the Mississippi
Posted on December 13, 2022
As widespread rains begin to slowly refill lakes, reservoirs, and rivers, Thanksgiving thoughts turn back to the southern Illinois dairy farm of my youth where the Mississippi River, just a mile from our dairy barn, was a constant, often dominating presence.
Except, that is, in the late summer months when everything around the farm–cows, hired men, […]