Relevant and even prescient commentary on news, politics and the economy.

GAO: Food Prices: Information on Trends, Factors, and Federal Roles

This is a good recital by the GAO on Food Prices, its trends, factors affecting it, and how the government plays a role in it. It covers quite a bit of territory on costs and prices pre-2021 and 2021 to 2022. It was those two years when Covid was having an impact on the nation […]

World Crop Quick Update

In this rare Sunday edition, just a quick update. We are nearing harvest close up north as the weather changes and nightly freezes make morning harvests a challenge for whatever goodies are still left on the stalks. I doubt much is left in the actual fields up north, but down south, second harvest has come […]

One Man’s Toilet Water is Another Man’s Organic Farm

One Man’s Toilet Water is Another Man’s Organic Farm, Michael Smith, Agricultural Economist and Farmer In my search to find sustainable sources of organic material to turn into viable soil modification vectors, I had been struggling to source material to add to the Padina sands that are in abundance in our lands. See, in late […]

Sherman Act, Part 2: The Small Farmer Pitchfork Army

Agricultual Economist and Farmer Michael Smith, Sherman Act, Part 2: The Small Farmer Pitchfork Army Most are now aware of the Biden Administrations recent announcement and press briefing for a plan to combat prices in the meat industry. If not, you can find a bit of information here:  Readout of President Joe Biden’s Event with […]

Sherman Act v. Modern Conglomerate Agriculture

Agricultural Economist and Farmer Michael Smith Sherman Act v. Modern Conglomerate Agriculture Multiple times the Biden Administration, along with Secretary Vilsack, and other administrations have made multiple public comments and now threats of investigation of beef producers and their horizontal and vertical integration over the past few decades. The targeting of the beef industry is […]

Land Rich, Cash Poor

Farmer and Agriculture Economist Michael Smith “[Land profits] are a species of revenue which the owner, in many cases, enjoys without the care and attention of his own” -Adam Smith In other words, land appreciates not by the owners doing, but his neighbors.  Sure, there are certain things that can be done to improve land, […]

Analyzing the impact of biodiesel and it causing a potential issue

Michael Smith Farmer and Agricultural Economist, “Farmers need more space for crops to meet mounting demand”- AgResource | Reuters Dan Basse of AgResource Co. analyzes the impacts of biodiesel and is throwing up a potential issue.  Reuters interviewed an agronomist who is closely watching the budget reconciliations and the spending of a $350 billion yearly […]

Chicken, Hog, and Beef Farming and then there is Big Ag

Michael Smith, Real Farmer and Farm Economist Ooh boy have we got a lot going on in ag world. Run sent me this a little while ago and I think this is important. The Tricky New Way That Big Ag Is Getting Farm Data, The Atlantic, Claire Kelloway, October 5, 2021 Big data collection is […]

Death to Farm Credit from Those on High

Death to Farm Credit from Those on High, Farmer and Economist, Mike Smith I’m in between fall crop planting and have to focus so I am going to run this like the rancher on the clock. Farm Credit System History  In 1916 when the Farm Credit System was established there were 6 million farms that employed around […]