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December 2011 Archive for U.S. Farm Report Mailbag

RSS By: U.S. Farm Report, US Farm Report

Comments, questions, opinions...this is your chance to speak out regarding anything and everything reported on U.S. Farm Report. Viewer feedback updated regularly.

Viewers Speak: Christmas Show & MF Global

Dec 28, 2011

***Editor's Note:  The following comments were received in response to the December 24-25, 2011 edition of U.S. Farm Report...

#1: I want to thank you for the article on the 734th adt ag mission. My nephew too served on that mission. It truly was a long year without him. We are glad he is back home and very proud of his service. Thanks again. Gene Luehrman

#2:  My husband is a faithful watcher of your show.  I usually leave the room! However, he called me in this morning because he says, "you just got to watch this, remember this is a farm show"!  He rewinds the show, and two gentlemen share a poem with illustrations.  The poem was cute with seasonal humor. But, the illustrations as nice as they were, for a farm show I would expect more.  It speaks of a cab-over semi, in the illustration it was not a cab-over or a semi.  Later in the poem is speaks of a 4020, and the illustration is of a blue tractor and loader - not John Deere green. Honestly, I did miss the cab-over oops, but I did quickly notice that is wasn't a semi truck. And, the 4020 is the biggest oops of all, because - well do I even need to say! 
   I know the poem was for the amusement only, but being a "farm show" it kind of made it look like the people associated with the show really do not know much about rural life. Farmers take the color of their equipment, and the make of their trucks as serious as the rest of the world is about their favorite sports teams and colors! Most people, farmers or not will debate Chevy over Ford or Cardinals over Cubs for example.
  It is greatly appreciated having agriculture related programming available, such as the US Farm Report show. I just thought I would share with you my thoughts, thanks for reading!
Teresa O'Brien
- Olney, IL

#3:  Hello John...Merry Christmas and Happy New Year to you and yours. I had heard on a radio program Rick Santorum speak of the loophole in the laws governing entities such as MF Gloval and that John Corzine had used this loophole to take the funds entrusted to MF Global and buy long term European bonds.  Suposedly that is where the money has gone. Up in smoke. Have you heard of anything through your sources or viewers regarding this situation?

Sincerely, Phil Gallup - Fort Wayne, IN



Lots of Feedback...MF Global, Farm Income & More

Dec 19, 2011

***Editorn's Note:  The following viewer feedback was received in response to the December 17-18, 2011 edition of U.S. Farm Report:

#1: I watch US Farm Report on KCRG Cedar Rapids, IA on Saturday mornings.This Saturday you mentioned MF Global. I find it strange that folks would focus on John Corzine. I would want to know what the MF Global's CPA's and attorneys had to say. Accounting is a tracking sytem of debits and credits - it creates a paper trail.I would want to know what the Securities and Exchange Commision rules were for the MF Gllobal's accounting and trading system....and also what FASB (Financial Accounting Stanndards Board) had to say. They say "billions disappeared"......I say bull! Asking John Corzine what happened is proof positive we are in an age of ignorance....blinded by stupidity.  Uncle Bob

#2: I heard this week Rick Santorum talking about the situation involving John Corzine. Santorum said that there was a loophole that allowed Corzine through MF Global the ability to take funds that they had access to and use for their own investment purposes. Outrageous! Keep tabs on those you trust in Washington to stay on top of this situation. Phil Gallup - Fort Wayne, IN 

#3:  For those of us in the drought, the report of record net income is disappointing,because we weren't able to share in that net income. We are in survival mode. Please let people know that every year there are those that lose money.  Sidney Burrow - Lubbock, TX

#4:  I am huge fan of RFD TV. Watch it all the time for the horse programs. I occasionally watch the farm shows and farm report and earlier this week I saw a commentary that blew me away. I am fairly progressive when it comes to economic issues   (taxing the rich, regulating Wall Street, environment, consumer and worker protection). I usually cringe at the hard right wing slant that shows like the farm and ranch reports usually have but I was simply amazed at the logical, thoughtful commentary regarding commodities speculation. 

Unfortunately, I can't remember exactly what was said but the conclusion/gist of it was that commodity speculators want no regulation whatsoever on themselves but then want complete insurance to cover their losses when they over speculate and take unduly risky ventures and go down in flames.
Thank you for being a voice of reason. The right wing platform is "no regulation on anything. Investors, business, etc." They say the market will sort it all out. The market indeed will sort it out. It meets out its punishment. Just look at 1929 and the fall of 2008/ spring of 2009. That was caused by overly risky speculation and investment strategies. These toxic cocktails of mortgage backed securities all torn apart and bundled back up and derivative versions of same absolutely ruined our economy. Warren Buffett said these derivatives are toxic and would lead to big problems.
And thanks to the Republican legislature getting rid of Glass Steigel back in the 90's, the investors on Wall Street are using the money of us 99 percenters. It's one thing if they want to risk their own money, that can lead to a lot of problems too, but with Glass Stiegel gone, they are risking the money of us little guys.
Investors, Wall Street want it both ways.   No regulation to stop them from playing their ridiculous, risky games and then a bail out/ insurance plan when it all goes south. It doesn't work. Like you said, you can't have it both ways.
Don Dunham

VIewers Speak: Income Up, So Are Expenses

Dec 05, 2011

The following viewer comments were received in response to the Dec. 3-4, 2011, edition of "U.S. Farm Report"

#1:  You reported that 2011 gross farm income is expected to reach an all-time high. Please soon report that farm expenses are also at an all-time high. Sometime during the early 1970s while working at a rather large farm service center at Bellevue, Ohio, I sold potash to dairy farmers for $36 per ton for alfalfa topdress. Granted, that was for a VERY short time. Potash soon went back to $45 to $50 per ton. Today I think if you could buy potash for $400 per ton you would be getting the low price. I am not complaining or bragging. The high price of inputs is just another way of keeping the farmer "down on the farm."

Successfully,  Bert Livingston - Fremont, OH
#2:  I was watching your TV program this Saturday, and I have a topic which has been bothering me for some time. I know that our government has gotten involved in telling farmers what to plant and how much. While driving around farm country and seeing some fields sitting bare, the question comes up as to why? Why can't all available fields be planted with food plants to help feed our families who are having a hard time putting food on their tables?
   We have a big and terrible problem in our country, which should not be happening here. We have enough farms in every state of our country to help supply enough food, to help feed our U.S. citizens. We have good soil that is sitting bare due to our government telling farmers how much they can plant. I watch the wind blow topsoil, stirring up dust, while these fields sit with growing weeds.
   The government needs to get out of our farmers' lives and let them plant their fields to help feed our country. We need to start supplying our own food and get our country back to being the most productive country with canneries in putting our own food in our grocery stores at a price every low-income family can afford. It's a shame what is going on with all the emergency food banks throughout our country.
   Would like to see you cover this subject on your TV program.
Thank you,
JoAnne Graham


#3:  I am a small farmer, and am very concerned with things going on in this country.This new Roundup Ready seed from Monsanto is a very big concern of mine. It has put us on a pesticide treadmill, and we wonder why there is so much cancer today. Isn't the answer black and white, or have we all lost common sense? The corn that we grow in this country that is Roundup Ready is considered a pesticide. I would urge everyone on RFD and the Farm Report monitor who have not watched commercial-free video to please do so. This will inform a lot of people who truly don't understand what is going on with the Roundup Ready seed and the small farmer. I do not have anything to do with this video, I stumbled upon it and found it to be very informative.

Another thing that bothers me is ethanol. Do we really think that we can grow enough corn to fuel this country and feed the people? Please correct me if I am out of line here, but this will be impossible. It also will cause food to keep increasing in price. One of the reasons, as I'm sure you know, is it is driving the cost of feed for livestock, which in turn drives up consumer prices.

Dan Brown

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