Posted on November 29, 2018
It’s Thanksgiving week, so let’s be generous: The White House trade policy, marked by its heavy use of import tariffs and presidential tweets, continues to confound economists and trading partners alike.
A more accurate, less generous view of President Donald J. Trump’s trade policy would declare it an unhinged mess that has led to a dark, […]
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 October 17, 2018
Farmers and ranchers spent most of last month hoping the U.S. Department of Agriculture’s (USDA) recent crop estimates would be proven wrong and President Donald J. Trump’s “plan” to fix “the world’s worst trade deals ever” would be proven right.
September, however, disappointed them on both counts.
On Sept. 12, USDA reported that the already big 2018 […]
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 August 10, 2018
The day U.S. Secretary of Agriculture Sonny Perdue announced the White House plan to spread $12 billion of taxpayer salve on its festering tariff wound, November soybean futures ended their day completely unimpressed—down a sleepy 2.5 cents.
Farmers echoed the market reaction; they, too, were unimpressed with the bailout. “Trade, not aid,” was their polite, but […]
Posted on July 27, 2018
Once, when walking across the Charles Bridge in Prague, a friend asked if I knew the story behind the stunning, 14th century marvel under our feet. No, I replied, mostly because my education did not require much European history.
“Then,” my friend replied, “you are not educated.”
It wasn’t snobbery; it was a fact. Most Americans not […]
Posted on July 11, 2018
Prince Edward Island, caressed in eastern Canada’s provincial arms of New Brunswick and Nova Scotia, is a lovely place to visit in June. Its sparkling red sand beaches, miles of white-blossomed potato fields, and rolling carpets of lush pasture form a color-soaked postcard for tourists and locals alike.
U.S. Secretary of Agriculture Sonny Perdue caught a […]
Posted on June 14, 2018
Forty years ago Waylon and Willie asked the nation’s mamas not to “let your babies grow up to be cowboys” because “… they’ll never stay home and they’re always alone, even with someone they love.”
That sage advice is even more true after a spring cattle market that’s been too wild to forget and too brutal […]
Posted on May 30, 2018
If you think writing a farm bill makes for strange bedfellows, just look at who’s allied against President Donald J. Trump’s up-and-down trade talks with China: the deeply conservative Wall Street Journal and the decidedly undecided Financial Times, or FT.
On May 8, FT’s Martin Wolf described America’s “draft framework” guiding U.S-China trade talks earlier that […]
Posted on April 12, 2018
Spring arrived slowly this year. Then, late last week, its welcome warmth and longer light slipped in and winter’s bony fingers loosened their grip.
In farm and ranch country, however, spring brings tough questions and even tougher choices. Both could have been softened if our farm and political leaders sought compromise, not confrontation. Alas, they didn’t […]