Markets Work

April 30 2008

Hello everybody out there in farm country.

I wish it was not the case, but the news about rising food prices and hungry people cannot be ignored. It must be answered.

To begin with, the increase in food prices around the world cannot be blamed on our ethanol program. Here are the facts. We are exporting a record amount of food to the rest of the world. We are not hording it. Some countries are. They have imposed export controls. We are exporting more tons of grain than ever…

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Food Prices

April 23 2008

Hello everybody out there in farm country. Common sense has finally come to the party. If we are concerned about producing enough food, we must employ the best food production technology. Thank you Monsanto. If a lot of people find that they are a little short of money to buy food and other necessities, Wal-Mart Stores to the rescue. Thank you Wal-Mart.

Now for today's commentary.

Let me read to you what Bloomberg News is saying about global trade. "The surge in world food…

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Set The Record Straight

April 16 2008

Hello everybody out there in farm country. I am so proud of the sponsors of this program. They are serving our citizens and the citizens of the world in the most meaningful way. Right now, when they are needed most. Monsanto -- there is so much concern about rising food prices. Well, Monsanto's technology is doing more than anything that I know of to increase food production. Renewable Fuels Association -- gasoline prices are high but not as high as they would be if we didn't have biofuels.…

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Energy In Demand

April 9 2008

Hello everybody out there in farm country. You can't avoid it. There is a national obsession about whether we can grow enough food. Point the finger at ethanol and biofuels. That's the problem.

Let's get some of the facts straight. If oil wasn't costing $100 per barrel, maybe then we wouldn't have a problem, but it does cost $100, and no one expects it to go back to $20. We are running a huge trade deficit thanks to all the money we are spending to buy oil. On top of that, we spend…

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Biofuels To The Rescue

April 2 2008

Hello everybody out there in farm country. This John Block Commentary is brought to you by the Renewable Fuels Association and Wal-Mart Stores -- both regarded with respect, admiration, and appreciation in rural America.

Do you remember the good old days when corn, soybeans, and wheat were cheap? There weren't any articles slamming the farmer for high food prices. We weren't being blamed for anything then. We were subsidizing the consumer with the least expensive, highest quality…

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