🚨The Trump Administration never wants to see another farmer or trucker experience the costly pain and aggravation that comes with a faulty DEF system, which is why President Trump just announced that the EPA is ENDING the requirement for DEF sensors on diesel vehicles and equipment. https://t.co/ZVO6k6q8Cz
Every clown with a microphone became an "expert" on #glyphosate over the last week. The arguments they make are ridiculous. Here's an outline of the most common yet scientifically baseless claims I've seen. 🧵
hey, so a lot of the farmers I'm talking to are beating themselves up for what they should have done these past few weeks
first off, it's easy to judge what should have taken place when you have the benefit of hindsight, so stop with the "I'm so stupid/how did I not see this coming" stuff
second, now's the time to recalibrate and figure out what it is you that first *have* to be doing, your non-negotiables (cash flow, quality, logistics) and then think about what it is that you *want* to be doing when the opportunities present themselves, whether that be in the market or on your operation as a whole
Mostly, remember to give yourself a little grace but don't take this as an opportunity to abandon all hope, start making plans.
So if ~90% of all corn and soybean acres in the US are insured by the RMA (THE GOVT.)and acreage reports are due July 15, it SHOULD be incredibly easy to have a close planted acreage report from THE GOVT. by Sept. 1. Why are we only getting a large change to that number on January 12?
My Venezuela experience as head of trading in the region for Cargill.
Cargill was/is the leading producer of critical staple ingredients such as flour, pasta, vegetable oil, and rice in VZ. I am not saying I agree with grabbing the dictator, but I did have a front row seat to the damage a kleptocracy did to innocent people.
1. The government took over our "minute rice" facility at gunpoint because we were "gouging" the nation's poor. The government was never able to run the plant. It never ran again. It was returned years later with no equipment inside
2. There are 1000's of generals in the army. They are each given a slice of the economy to loot. The large number of generals made it difficult to organize a coup against the regime.
3. The government opened grocery stores and sold staples below the cost we sold them to the government. In theory they used petro oil money to lower grocery prices. Our regular grocery outlets were forced out of business. When the government demanded we sell them products below cost we simply had to shut down. The populous became ever more dependent on the government handouts. (PS this is the mayor of New York City's proposal.
4. Dollars- We needed dollars to go buy raw materials like wheat from places like the US and Canada. The government would periodically allocate us some dollars that could only be spent for raw materials and freight. Eventually only the local companies that can and would pay bribes got dollar allocations. We had several facilities closed for lack of raw material
5. My employees liked working for Cargill. The office was an armed compound with access to a gym, high speed internet, global communications, and a weekly box of basic staples. Cargill provided a safe and secure environment if only for the working hours.
6. Employees became very close to others inside the apartment building. Going out on the street with a desperate population was not advisable.
7. I needed wood pallets for feed. We tried to export wood pallets to swap for grain. We refused to pay the bribes it would take to export the pallets
8. I once tried to set up a closed loop wheat planting to flour mill supply chain. A. They came and stole all the seed wheat for food. When we tried to ship in seed wheat in containers via US donors there was no way to get it out of the port without it being stolen
9. Livestock- Our feed business completely collapsed. Even if you could raise a pig, you couldn't defend it from being stolen. People with guns were hungry.
10. Employees- In the end my highly skilled team alone with other highly educated people chose to leave. Cargill often found jobs for them in other Latin countries. The regime was more than happy to see the well-educated leave the country. Setting these employees up with high quality stable jobs after fleeing remains one of the best things I ever did in my career. No one remembers millions in trading earnings.
This is a short list. In my opinion the first money spent needs to happen now and it needs to be food. The US is already on the clock. The current regime does not care if it starves the population. The orgy of theft will actually accelerate if they believe their days are numbered. VZ should be an outstanding customer of US grown ag products. Rice, bread wheat, veg oil ect. Feed the people first.
Jeff Kazin
Former head trading Cargill
A CBS News piece from 1982 predicts 25% of Florida ending up underwater due to "the coal, oil and gas we've been burning for 100 years."
Of course, 34-year-old Al Gore makes an appearance. 😳
@WallStreetMav Not true. Only 3% of wheat acres got treated this way. The rise of roundup usage correlates with the introduction with roundup corn and soybeans for weed control only. Don’t let facts get in the way of your feelings. Roundup has NEVER been linked to any of this. Fraud.
Immigrant from Somalia has a message for Americans
“Haha, you work all f*cking day, you don't got sh*t. Thank you for working so hard so I can be home all day free
I can use my EBT. Go to work for me white boy, white girl. Yeah, go to work for me you f*cking white animals”
“F*king work for me. Yeah, you f*cking work for me and the US government, they work for me. All of you work for me. Now go to work. Pay them taxes. Take care of me. And my people.
All right, this is my land. I control this place. This is my reality. You all gonna be in chain. I'm gonna lock all you guys up. If you don't pay your taxes, you better pay your taxes.”