Trade

Trade Opportunities

July 16 2009

Hello everybody out there in farm country. This radio commentary is brought to you by the Renewable Fuels Association, Wal-Mart Stores, Monsanto, and John Deere. They are all friends, supporters, and allies of a healthy farm economy and prosperous rural America. Thank you.

And now for today’s commentary—

How do we breathe some life into the agriculture economy? About 75 percent of what we produce is sold domestically. The other 25 percent is exported. Maybe we can grow the…

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Scary Times

March 5 2009

Hello everybody out there in farm country. This radio commentary is brought to you by the
Renewable Fuels Association, Wal-Mart Stores, Monsanto, and John Deere. They are all friends,
supporters, and allies of a healthy farm economy and prosperous rural America. Thank you.

And now for today’s commentary—

Most years in the first month, I make predictions for the year ahead. There is so much uncertainty
right now, my crystal ball is fogged over. To me, there are a lot of…

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Global Financial Conference—My Thoughts

September 24 2008

Hello everybody out there in farm country. This radio commentary is brought to you by the Renewable Fuels Association, Wal-Mart Stores, Monsanto, and John Deere. They are all friends, supporters, and allies of a healthy farm economy and prosperous rural America. Thank you.

Last week, I told you about the Global Financial Leadership Conference. I reviewed the points made by former Prime Minister Tony Blair and former Chairman of the Federal Reserve Paul Volcker.

I was on the program…

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Trade Agreements

October 10 2007

Hello everybody out there in farm country. The American farmer takes a lot of pride in that we not only provide the safest, most abundant supply of food to our citizens but also, we run a trade surplus in farm exports. We export almost 30% of what we produce. To facilitate export trade, we have entered into a series of bilateral free trade agreements. Up until a few months ago, President Bush had the authority to negotiate trade agreements, bring them to the Congress which could approve…

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Trade Disputes

April 11 2006

I picked up the paper today and headlines tell the whole story. "Pessimism Looms as Trade Talks Set to Reopen." Things could change but the Doha Trade Talks appear to be dead.

Should we be surprised? I'm all for lowering trade barriers, but the process is a two-way street. On another page in the paper, I see where sales of General Motors cars fell 4% and Ford collapsed 9%. But -- Toyota is up 11.7%. Toyota makes a great car and we can't get enough of them. At the same time, the Japanese…

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Farm Exports

November 14 2004

For years and years we have bragged about the surplus of farm exports over imports. In fact 20 years ago we exported twice as much food as we imported and helped to keep the trade deficit from getting any worse. Would you believe that in June and August of this year our farm trade surplus melted away? We'll have a surplus for the year --- However, it is likely that in 1 or 2 years farm sales will be in deficit.

It's not that our exports have collapsed. In fact, we are exporting 50% more…

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Free Trade

April 1 2003

Although I am not very optimistic about the new round of global trade negotiations, I am much more optimistic about negotiation of bilateral agreements. It is so difficult to get every country in the world to agree on a single plan to reduce duties, to harmonize regulatory standards and not get bogged down in an endless harangue about the environment, labor and even animal rights. However, country by country we can and are making progress.

We just concluded a free trade agreement with…

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Support Domestic Energy Sources

October 24 2000

Oil prices have spiked up again. I'm sure we aren't going to tap the strategic oil reserve for any more oil now. The election will be behind us and there won't be any reason to open it up.

The point that we don't want to miss is that there is a very unique climate out there right now. A climate that is crying out for more of our own energy. Less dependence on foreign oil sources.

It's fine to talk about electric cars, etc. but let's be realistic. This nation nms on oil and coal and to a…

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PIK Program

September 13 2000

Say it isn't so! Not the PIK program again. Yes, that's what it is. This time for sugar. I really thought PIK (payment in kind) was history. But I guess not. We have too much sugar and with the loan rate where it is, it appears the sugar processors are going to forfeit at least 500,000 tons of sugar to the government. Secretary Glickman does not want the sugar. He already owns 125,000 tons. The sugar beet farmers are about to harvest another big crop. I introduce you to payment in kind.…

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Government Support for Farmers

July 11 2000

Adopt this proposal and U.S. farmers will be able to "sell their commodities in every comer of the earth without being undercut by subsidized competition or blocked by high tariffs." -- the words of U.S. Secretary of Agriculture Dan Glickman. The proposal was formally presented to the World Trade Organization the last day of June.

The plan would set a ceiling on government support for farmers and phase down over time. The objective is to systematically wean farmers from government support…

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