One Man’s Toilet Water is Another Man’s Organic Farm, Michael Smith, Agricultural Economist and Farmer In my search to find sustainable sources of organic material to turn into viable soil modification vectors, I had been struggling to source material to add to the Padina sands that are in abundance in our lands. See, in late 2020 we had five tons of compost brought in all at once and we scattered it here and there. Before that we had brought...
Read More »Sherman Act, Part 2: The Small Farmer Pitchfork Army
Agricultual Economist and Farmer Michael Smith, Sherman Act, Part 2: The Small Farmer Pitchfork Army Most are now aware of the Biden Administrations recent announcement and press briefing for a plan to combat prices in the meat industry. If not, you can find a bit of information here: Readout of President Joe Biden’s Event with Farmers, “Ranchers on his Action Plan for a More Competitive Meat and Poultry Supply Chain“ And you can also see...
Read More »Sherman Act v. Modern Conglomerate Agriculture
Agricultural Economist and Farmer Michael Smith Sherman Act v. Modern Conglomerate Agriculture Multiple times the Biden Administration, along with Secretary Vilsack, and other administrations have made multiple public comments and now threats of investigation of beef producers and their horizontal and vertical integration over the past few decades. The targeting of the beef industry is one of the loudest and most recent, but we fail to realize...
Read More »Land Rich, Cash Poor
Farmer and Agriculture Economist Michael Smith “[Land profits] are a species of revenue which the owner, in many cases, enjoys without the care and attention of his own” -Adam Smith In other words, land appreciates not by the owners doing, but his neighbors. Sure, there are certain things that can be done to improve land, build a house, clear the brush and trees, install utilities. Or choose none of the above and wait. The post pandemic...
Read More »“Farmers Markets Are Too Expensive”
Farmer and Agricultural Economic Michal Smith I hear this from time to time both at the market and also from the general public even in the agricultural community. It elicits a response longer than what I can usually muster as I pull my quill of sharpened microeconomic arrows of defense around to meet my macroeconomic bow. I’ve usually already lost most when I say, “well actually it’s cheaper”. The cost of food isn’t the problem. It’s more about...
Read More »Well, Its About to Become Worse – Update
Economist and Farmer Michael Smith Introduction Well, Its About to Become Worse as Urea prices jumped to a record strong demand creating supply shortages. Food prices to increase . . . And the Details I was recently sitting on a conference call with a fertilizer analyst and a bunch of monocrop growers, generally feeling out of place with my few dozen pounds of peppers, cucumbers and radishes sitting in cold storage while they go over...
Read More »Well, Its About to Become Worse – Update
Economist and Farmer Michael Smith Introduction Well, Its About to Become Worse as Urea prices jumped to a record strong demand creating supply shortages. Food prices to increase . . . And the Details I was recently sitting on a conference call with a fertilizer analyst and a bunch of monocrop growers, generally feeling out of place with my few dozen pounds of peppers, cucumbers and radishes sitting in cold storage while they go over...
Read More »Application for Regenerative Agriculture Certification
“Regenerative Agriculture Certification,” Michael Smith, Farmer and Economist Dear Regenerative Certification team, It is a pleasure to submit and share what Foxglove Grove has been working toward since our initial business plan and due diligence exploration phase going back to 2015. As of 2020 we have taken 2018 proof of concept, turned it into an uncertified organic farm and 501c3 educational establishment. We are in Central Texas among acres...
Read More »Analyzing the impact of biodiesel and it causing a potential issue
[unable to retrieve full-text content]Michael Smith Farmer and Agricultural Economist, “Farmers need more space for crops to meet mounting demand”- AgResource | Reuters Dan Basse of AgResource Co. analyzes the impacts of biodiesel and is throwing up a potential issue. Reuters interviewed an agronomist who is closely watching the budget reconciliations and the spending of a $350 billion yearly […] The post Analyzing the impact of biodiesel and it causing a potential...
Read More »“Quit Your Whining” – Economists to Cattle Ranchers
Author, Farmer, and Economist Michael Smith briefly talking returns to Cattle Ranchers and profits to meat processors and retail. The beef industry is under fire, we’ve been seeing this for years. We first saw where Smithfield has taken over whole towns for pork production, vertically integrating as much as possible, even to take a cut of the feed grain market in those towns. This provides the blueprint for a bigger industry, beef. Matt...
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