trade advisor for the united states department of agriculture and we will have more with tom coming upsecond how are -- second hour of bloomberg radio. dallas fed president robert kaplan will be putting his stamp on the fomc next year as a voting member. our interview with him next. this is "balance of power." ♪ david: this is "balance of power." i'm david westin. it has been an up-and-down year for the federal reserve, cutting rates three times this year in the face of weakening global growth. the central bank is indicating it will hold even though the underlying conditions have not changed. dallas fed president robert kaplan sat down with kathleen hays for an exclusive -- exclusive interview and she asked whether the shift back to neutral was about global growth or about the yield curve? robert: if you roll back the clock to june, it was not much as weak global growth. it was week manufacturing. weaker than it has been since 2009 and weak business in the fix investment. i said we should do modest limited restrained adjustment to the fed funds rate. to address those issues, but the ot

system that price may not even be covering the cost of production according to the united states department of agriculture the retail price of a pound of bacon is around 5 dollars the share of that price that ends up in the farmer's pocket is around $0.69 what about say flour a 5 pound bag will run the consumer about $3.79 the farmer gets $0.44 and since we're talking so much about dairy farmers look at a gallon of milk the consumer pays $4.59 while the farmer if there are a lucky sees about one dollar and $0.50 per gallon we've had consolidation in the industry for a long time which means that some players particularly processors have a lot of power and that means that in some cases we see farmers. not having places that sell their milk or farmers having to be price takers between being told how much they should be paid and not necessarily that reflecting how much the cost it is to actually produce and he was so proud of the site it had all the falling numbers and everything was just perfect in the trade to find a market for it it was worth nothing i mean those were the. cattle in the home that's very fr

according to the united states department of agriculture's own estimates, the proposed changes to one part of snap called categorical eligibility would eliminate millions from the supplemental nutrition assistance program and it could also leave nearly one million children without access to free school meals. mr. president, i don't know about everyone here, but i think that's a step in the wrong direction. the sip mnl nutrition -- the supplemental nutrition assistance program is not only important for that family, many of them working families, many of them with a child in the household who needs food assistance, who faces food and security without snap, many of those same families might have a child and an individual with a disability in the same household or one or the other. that's the snap program. by the way, everyone else in the country benefits when people are spending those snap dollars because when you provide those dollars and folks are buying food, guess what happens? you guessed it. the economy gets a jumpstart from that activity. so this snap program isn't just about the

a new report by the partnership for public service finds plummeting morale at the united states department of agriculture driven by a huge decline in scores at the usda's economic research service and the national institute of food and agricultural. the trump administration did not like the reports that those researchers, that those agencies were publishing and punished them by suddenly moving their jobs halfway across the country and in the process losing hundreds of experienced, knowledgeable nerl -- federal employees in the area of agriculture. the vast majority of staff of those agencies lost their job when they decided not to move, and many of their jobs now remain unfilled. this is needlessly caused an upheaval delaying reports that those in the farm economy rely on. this administration's hostile atmosphere has been cited as contributing to a 61% increase in civil servants resigning during the first 18 months of this administration, including almost 1,600 leaving the e.p.a. nearly half of our most senior foreign service officers left the government during president trump's first two years along wit

thisxample to illustrate is the united state department of agriculture census. conducted every five years and it tells us, i don't know that it's everything we need to know about farming, but a lot. it calls itself the voice of agriculture. the census has been around since 1840, and it tells us who was farming, where they farming, how much of a farming, what are they farming, how much they are earning, a lot. women, because of the power of this ideology that women did not contribute to the productive side, the usda did not bother collecting data on them because it was assumed they did not really play an important role. we don't even have to count them. 1978,eren't counted until almost 140 years later. how many censuses were done to understand the full picture of agricultural production, but we won't talk about half of them. aren't know how many of you commodityymakers or groups of researchers to know how important this data is, and developly it is used to policy, programming, extensions, education. again, if you are thinking, we have all of this information to de

agriculture better for farmers, african-american farmers who have been distressed by the united states department of agriculture come up with a signed plan of action that we can get behind and support a good candidate that can defeat president trump in the general election. >> can you name a candidate in the democratic field that you think has been speaking to these concerns? >> i think there are many that have touched on the issue of farming but not the strong message that i would like to hear, about how they're going to get the markets back for farmers in jegeneral across this countr. if they want to defeat president trump, they're going to have to bring across a strong message for u.s. farmers so they can not support this president but vote for the democratic president. there are candidates who have spoken out in the past, senator sanders has spoken about the issue in the past, senator cory booker. there are many democratic candidates that are out there, but i would like to see for the candidates to come together, come up with the best candidate that can defeat president trump and not prolong agony here by s

department of agriculture. it was headquartered in the department of agricultu in terms of the department of agile agriculture. it was formed in 1867. it spread a network across the united states in places like nebraska a majority of farmers a majority of white farmers our members of the grange. they belonged to the grange. it was both a meeting place it was also a class organization. it have upper firmly egalitarian vision. the most striking was the call that sexual equality. women joined the grange in very large number. there is no question to the extent that women's equality was important. the fundamental equality was fighting for was that quality of the farmers within the national quality. and the grange was the dominant force in american society. it was a force fighting against wall street and corporate power and for an egalitarian economy it would no longer discriminate against the nation's farmers. that's what their best known for. to regulate the railroads. control the economy and control and positive ways. some of the story i knew before researching. but the big story that i didn't know and it was just sort of a core piece of this book was the role of the farmers gran

of americans currently on supplemental nutrition assistance program or snap this move effectively leaves an estimated 688000 jobless souls living in the united states without access to discounted or free food also the u.s. department of agriculture can save the government 5500000000 dollars over 5 years or roughly a little over a $1000000000.00 a year meanwhile the business of politics my friends is booming the wall street journal is reporting that spending on political advertisements is projected to hit a new high in 2020 surging 3600000000 above the most recent presidential campaign year and how high you ask 9900000000 according to group the world's largest advertising media company so a close to 7 $100000.00 americans will soon be without food assistance just to save the federal government a buck or 2 political parties and their gilded corporate sponsors are more than happy to waste close to $10000000000.00 on campaign commercials that works out to a little over $14000.00 per person who is now without food stamps but guess what that $9900000000.00 might be on the low end of estimates group em's global president of business intelligence brian weezer told the media that quote our understanding is that in the typical campaign 60

of americans currently on supplemental nutrition assistance program or snap this move effectively leaves an estimated 688000 jobless souls living in the united states without access to discounted or free food also the u.s. department of agriculture can save the government 5500000000 dollars over 5 years or roughly a little over a $1000000000.00 a year meanwhile the business of politics my friends is booming the wall street journal is reporting that spending on political advertisements is projected to hit a new high in 2020 surging 3600000000 above the most recent presidential campaign year and how high you ask 9900000000 according to group the world's largest advertising media company so a close to 7 $100000.00 americans will soon be without food assistance just to save the federal government a buck or 2 political parties and their gilded corporate sponsors are more than happy to waste close to $10000000000.00 on campaign commercials that works out to a little over $14000.00 per person who is now without food stamps but guess what that $9900000000.00 might be on the low end of estimates group em's global president of business intelligence brian weezer told the media that quote our understanding is that in the typical campaign 60

united states. >> anyone that watches marvel knows that the fictional place in africa, but potentially a new trading partner to the united states. for whatever reason it was listed on the u.s. department of agriculture'sted for a lopping period time until someone went through and spotted it on the list. at first he thought it was a joke or some form of a mistake and then he realized that actually wakanda was one of the countries that they had listed. a spokesperson for the usda said it went out by accident, it was part of a staff test. but clearly no one took it down till this software engineer saw that. >> i guess it's official then. >> the u.s. has recognized wakanda. we could use all the help we can get these days, even from marvel characters. joumanna, thank you so much. >>> coming up next, a look at axios' one big thing. >>> and a look at the six democratic debates. amy klobuchar will joint conversation. >>> "morning joe," everyone, just moments away. >>> "morning joe e,"veryone, just moments away. you have mode to severe psoriasis or psoriatic arthritis, little things can be a big deal. that's why there's otezla. otezla is not an injection or a cream. it's a pill that treats differently. for pso

of the united states. talking about wakanda. >> never. >> wakanda forever. the u.s. department of agriculture's website.mmediately removed the marvel superhero's homemade from the list. the comic book country was used doing a test of its system, and and employees forgot tory mo r- remove it. >> that's where they get the vibrainium. >> the most technologically advanced country in the world. wakanda. >>> love this story. christmas came early for an 11-year-old boy in new jersey. it happened as he told senior citizens at a care center what he wanted for the holidays. watch. >> this christmas, to see my brother who's in the united states military. [ cheers ] >> he got his wish. his brother, private second class eric shaw surprised his younger brother. their mom says the surprise had been months in the making. guys, i cried at my producer's desk when i saw. this so beautiful. >> i like that he's such a big kid, and the fact that his brother lifted him up and he still wanted to be held that way. i love that. >> so great. >> he was shy about doing it and he got his brother -- >> he was very shy. you're right.

association of counties, the chamber of commerce of the united states, the americans for prosperity, the national association of state departments of agriculture, the committee on migration, and included in the letter to leadership, a list of over 300 agricultural organizations across this great country in support of this legislation. the speaker pro tempore: without objection. mr. newhouse: thank you, mr. speaker. i urge my colleagues to take the step, do what we can to improve the labor situation for farmers and ranchers across this country, and thank you for your time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentlewoman from california is recognized. ms. lofgren: mr. speaker, i recognize the gentleman from california who has worked so very hard on this bill and represents an area where agriculture is king, the gentleman from california, mr. kosta, one minute. mr. costa: i thank the gentlewoman. today is a monumental and historical day. this bipartisan farm worker work force modernization act will truly help people throughout the country. i want to thank chairperson did he do lofgren and dan newhouse for