06/11/2025 Ripple Effect

On the Grains
During those perfect weekend mornings on the lakes in Minnesota, I have often thrown a rock into the glassy water. The size of the ripple is proportional to the size of the rock I throw. Currently, the ICE raids are a significant issue, the extent of which is yet to be determined, but could be substantial, affecting not only livestock production but also the demand for grains in the upcoming months if this problem is not resolved, which does not appear likely at this time. This is not only a livestock issue but also a concern for construction, hospitality, and many other businesses in the long term. I’m not here to talk policy, just report the news, more on the ICE raids later.