Current Week

Trade

May 26, 2022

May 26, 2022

Hello, everybody out there in farm country. This radio commentary is brought to you by the National Corn Growers Association, CropLife America, and Renewable Fuels Association. They are all friends, supporters, and allies of a healthy farm economy and prosperous rural America. Thank you.

And now today’s commentary-

U.S. farmers have had their foot on the accelerator pushing to get the crops in the ground. Wet and cold weather was a problem for a while, but we are approaching the finish line. My farm in Illinois is all planted with the corn up and growing and most of the soybeans. Now, all we can do is pray for good crop weather. Some of our northern Midwest states have had to deal with terrible weather. Also, if you go west drought doesn’t want to let up.

Let’s talk about trade now. President Biden has not been in a hurry to rejoin the Transpacific
Partnership. President Trump pulled us out of that agreement which would have improved our
trade relations with many Asian countries. Japan is still urging the U.S. to rejoin. I don’t know
why we don’t rejoin. Instead, President Biden launched negotiations in Tokyo this week with 12
countries to create the Indo-Pacific Economic Framework. That agreement will include Japan,
Australia, South Korea, New Zealand, Philippines, Thailand, Vietnam, India and others. The
agreement is supposed to strengthen our trade ties and national security relations in that part of
the world. Taiwan is left out of the deal because that would anger China and might cause some
of the members to object. The countries in the agreement want to work more closely together and
deliver a positive economic impact. The details of the pact will take months maybe a year to
work out.

U.S. Trade Representative Katherine Tai had this to say, “collectively the trade pillar in this agreement will unlock enormous economic value.” Robert Manning, Senior Fellow at the Atlantic Council has his doubts. “No matter how they package it, IPEF is not a substitute for TPP. There is trade liberalization, no tariff reduction, and unclear if any binding agreements.” The new Asian agreement is clearly designed to get the U.S. back into the region and counter China. It is too soon to know if it will be worth the effort. We need to begin negotiating tariff reductions – especially with China.

If you would like to review my radio shows going back more than 20 years, just go online to
www.johnblockreports.com.

Previous Weeks

Energy and Trade

March 3 2022

Hello, everybody out there in farm country.  This radio commentary is brought to you by the National Corn Growers Association, CropLife America, and Renewable Fuels Association.  They are all friends, supporters, and allies of a healthy farm economy and prosperous rural America.  Thank you.

And now today’s commentary- 

Have you noticed the escalating cost to fill your car up with gas? I did. It’s close to $100. Of course, in Europe the bill would be twice that much. Now we have…

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Russia - Ukraine

February 24 2022

Hello, everybody out there in farm country. This radio commentary is brought to you by the National Corn Growers Association, CropLife America, and Renewable Fuels Association. They are all friends, supporters, and allies of a healthy farm economy and prosperous rural America.  Thank you. 

And now today’s commentary 

What is at the top of our list of worries today? Ukraine. Russia has 150,000 troops surrounding Ukraine. By the time you hear this radio program, we may know if Russia is…

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Feeding the World

February 16 2022

Hello, everybody out there in farm country. This radio commentary is brought to you by the National Corn Growers Association, CropLife America, and Renewable Fuels Association. They are all friends, supporters, and allies of a healthy farm economy and prosperous rural America. Thank you.

And now today’s commentary-

A UK farmer named Paul Temple has put on the table some issues that I’m not sure the public even thinks about. Here is the question. Are the food producers in the world prepared to…

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Inflation

February 10 2022

Hello, everybody out there in farm country. This radio commentary is brought to you by the National Corn Growers Association, CropLife America, and Renewable Fuels Association. They are all friends, supporters, and allies of a healthy farm economy and prosperous rural America. Thank you.

And now today’s commentary-

I am concerned, and I am not alone. I remember the skyrocketing interest rates of the late 1970’s and early 1980. Farmers and ranchers along with other borrowers were paying 12% to…

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Border Issues

February 3 2022

Hello, everybody out there in farm country. This radio commentary is brought to you by the National Corn Growers Association, CropLife America, and Renewable Fuels Association. They are all friends, supporters, and allies of a healthy farm economy and prosperous rural America. Thank you.

This is Randy Russell sitting in for my good friend Jack Block. And now for today’s commentary.

All eyes have been on the eastern border of the Ukraine where Russia has amassed over 130,000
troops.…

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Farm Bill

January 27 2022

Hello, everybody out there in farm country. This radio commentary is brought to you by the
National Corn Growers Association, CropLife America, and Renewable Fuels Association.
They are all friends, supporters, and allies of a healthy farm economy and prosperous rural
America. Thank you.

This is Randy Russell sitting in for my good friend, Jack Block. And now today’s commentary- 

Next year, Congress will begin writing a new farm bill. I have had the honor and privilege to be involved with…



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Soybeans and Pigs

January 20 2022

Hello, everybody out there in farm country. This radio commentary is brought to you by the National Corn Growers Association, CropLife America, and Renewable Fuels Association. They are all friends, supporters, and allies of a healthy farm economy and prosperous rural America. Thank you.

And now today’s commentary-

There is a powerful push all around the world to cut back on greenhouse gas emissions. Greenhouse gas is driving climate change. That’s what they tell us. Soybean growers are…

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Challenges

January 13 2022

Hello, everybody out there in farm country. This radio commentary is brought to you by the National Corn Growers Association, CropLife America, and Renewable Fuels Association. They are all friends, supporters, and allies of a healthy farm economy and prosperous rural America. Thank you.

And now today’s commentary-

We are in the New Year and Congress is supposed to start work on the next Farm Bill. The current bill expires at the end of 2023. There is plenty of time to get it done, but it…

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NATO vs. Putin

January 6 2022

Hello, everybody out there in farm country. This radio commentary is brought to you by the National Corn Growers Association, CropLife America, and Renewable Fuels Association. They are all friends, supporters, and allies of a healthy farm economy and prosperous rural America. Thank you.

And now today’s commentary-

The United States and our European allies are being challenged again as they were 8 years ago by Mr. Putin’s Russia. In 2014 we warned Vladimir Putin “don’t invade Ukraine or you…

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Predictions

December 30 2021

Hello everybody out there in farm country. This radio commentary is brought to you by the National Corn Growers Association, CropLife America, and Renewable Fuels Association. They are all friends, supporters, and allies of a healthy farm economy and prosperous rural America. Thank you.

And now today’s commentary-

I am on the phone today – will be back in the recording studio next week. Hope you all had a Merry Christmas. And now the New Year is just ahead. Today I want to talk about the…

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