Don’t Bet Against the Latest Supermarket Super Merger

Late on Friday, May 7, the day before the running of the 2022 Kentucky Derby, a chestnut-colored colt named Rich Strike made the race’s lineup after, literally, another horse withdrew from the competition at the last minute.

The next day, May 8, Rich Strike struck it rich: The ridiculously long, 80-1 longshot won the Derby, the […]

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As Ag Swoons, Farm Credit System Booms

On Feb. 28, the agriculture subcommittee of the U.S. House of Representatives Appropriations Committee held a “Farm Credit Administration [FCA] Oversight Hearing.”
Remarkably, it was the first public questioning of FCA leaders—and how they regulate the nation’s biggest agricultural lender, the $240-billion Farm Credit System (FCS)—by the subcommittee in 19 years.
In the intervening, unchecked decades, System […]

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Close the Barn Door

One of the oldest truisms in agriculture is the simple, rock-solid advice that the time to close the barn door is before the cows get out. Closing the door afterwards, as everyone knows, is pointless because the cows are already long gone.
Everyone, except of course, the U.S. Congress which, on Sept. 20, hosted a Senate […]

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Let’s Dance

Since late last summer, Big Seed’s big players have looked more like anxious high school kids hoping to pair off for the senior prom than international businesses investing in new products and markets.
The first to go courting was St. Louis-based Monsanto. Last August it offered nearly $46 billion for its Swiss classmate, Syngenta, only to […]

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