FarmPolicy

April 24, 2019

Wall Street Journal: Abe Advisor Heizo Takenaka on U.S.-Japan Trade Talks

From The Wall Street Journal, April 29, “Were the recent trade talks between President Obama and Shinzo Abe a wasted opportunity? Japanese economist Heizo Takenaka shares his thoughts with WSJ’s John Bussey.”

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Cattle Profitability- Historic Proportions

A recent news article in The Great Falls Tribune (Mont.) reported that U.S. cattle producers are poised for a record year of profitability. Small cattle numbers and increasing export demand have contributed to robust economic variables in the U.S. cattle market. Nonetheless, drought in the corn belt and other unknowns, could potentially stymie the cattle outlook. And Reuters news recently reported that, “In the midst of the worst California drought in decades, the grass is stunted and some creeks are dry. Ranchers in the Golden State are loading tens of thousands of heifers and steers onto trucks and hauling them eastward to Nevada, Texas, Nebraska and beyond.”

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Immigration; Ag Economy; Trade; and, Regulations

Immigration

DTN Ag Policy Editor Chris Clayton reported yesterday (link requires subscription) that, “Virginia apple grower Phil Glaize joined U.S. Agriculture Secretary Tom Vilsack on Monday in demanding Congress finish its work on immigration reform.

“Glaize and his family have been in the apple-growing business for 70 years near Winchester, Va., and he has testified on Capitol Hill about the problems trying to find seasonal workers. Like a high percentage of fruit and vegetable growers, Glaize’s main working season is harvest time, when he needs 115 workers for about two-and-a-half months. Another 50 employees work nine months of the year in the packinghouse and another 15 people are employed year-round. About 75% of all people who apply for jobs are Latino, Glaize said. He noted his farm does I-9 verification on all applicants, ‘However, my suspicion is that some of the workers are here illegally.’

Glaize and Vilsack held a press call Monday as the Obama administration keeps pushing the House of Representatives to take up an immigration reform measure.”

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