Poor Feed for the Golden Goose Most people understand basic economics, but not all the subtleties of its principles. Competition makes sense, unless someone says it’s unfair. Some politicians trying to lead America out of its muddle, which is to say the octogenarian “leadership,” is looking at higher taxes on rich folk. The bank robber Willie Sutton had several good quotes from the practical, to the sublime, to the aggressive:
Success in any endeavor requires single-minded attention to detail and total concentration. It is a rather pleasant experience to be alone in a bank at night. You can get more with a kind word and a gun than you can get with just a kind word.
But his actual best was, “Go where the mone...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
