Farm and Food: If futures markets don't work, your markets won't work
Contrary to the woeful baying by Big Agbiz, the United States — and any nation with enough money — will not run out of food this year.
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Contrary to the woeful baying by Big Agbiz, the United States — and any nation with enough money — will not run out of food this year.
Conference at the Yale University Law School discusses "Reforming America's Retail Food Markets" on March 12, 2022.
Guebert: U.S. farmers and farm groups have spent decades turning ethanol into ag’s most sacred cow and it will take years before that cow is put out to pasture. That means ethanol has more than enough rural and political cover to withstand today’s ongoing fierce debate over carbon pipelines.
American farmers are long familiar with acre wars. This is a showdown over how many acres of corn, soybeans, cotton, and wheat farmers will plant.
Guebert: Today, war is ripping through integrated markets from Odessa to Omaha. No tax cuts, fewer environmental rules, more deregulation or less antitrust enforcement will lower crude oil prices or cut U.S. potash costs.