Bill Helming, Economist – November 2012

The Economics of Agriculture

Bill HelmingFor more than 40 years, Bill Helming has been forecasting U.S. and global macroeconomic trends. He is an independent thinker and considered by many to be a futurist. Bill is a highly respected U.S. big picture economist and expert with one of the most accurate and impressive long-term forecasting, macro-economic and beef industry track records in the U.S. today. He accurately forecasted the 1981-82, 1990-91, 2000-01 and the 2008-09 recessions. In 1980-81, well in advance of these events happening, he forecasted the sharp decline in the farm economy and farm and ranch real estate prices, the substantial moderation in the long-term trend towards disinflation, plus lower trending crude oil prices and interest rates.

Bill became the first Chief Economist for the National Cattlemen's Beef Association (NCBA) in 1965. He also was the founder and first general manager of "CattleFax" in 1968 (the highly respected national database, market outlook, analysis and research organization of NCBA). In 1974, Bill began an agribusiness consulting service that is still going strong today. Bill Helming Consulting Services is located in Olathe, Kansas and focuses on the U.S. and global macroeconomic and Ag sector outlook, including the outlook for cattle, hog, chicken, grain and crude oil prices, interest rates, inflation versus deflation, the U.S. dollar, employment, etc. Bill has been self-employed since 1974 and writes a quarterly and highly valued macro-economic and Ag sector outlook report called AS I SEE IT. He has clients and subscribers all over the U.S.

Bill is also well known and highly respected as a farm and livestock economist and agribusiness consultant. For the 14 years from 1977 to 1991, he produced a syndicated daily radio program (The Helming Report) for over 350 farm and Ag radio stations that aired three to four times a day (five days a week). He has been prominently and regularly featured in major beef industry and trade publications such as BEEF magazine, as a key source for information on the Ag sector and his U.S. and global macroeconomic forecasts. He spends most of his time consulting and working closely with the U.S. large-scale cattle feeding industry in the high plains mainstream cattle feeding region and gives a number of speeches each year on the long-term U.S. economic outlook.

Bill worked for 22 years, with the help and input of many people across the U.S., to craft and advance a complete federal income tax code replacement, known as The BEST Plan. The Broad Economic Simplification Tax, bill S.1921, was introduced in the U.S. Senate by Senators Jim DeMint and Lindsay Graham of South Carolina on October 26, 2005.

Bill recently became chairman and CEO for the newly-formed and privately-owned large-scale cattle feeding company (Rolling Plains) that is expected to begin operations in the fourth quarter of 2012.  Rolling Plains will become a large-scale farming, multiple feedlot, cattle feeding, beef packing, and renewable energy (manure, wind and solar) enterprise located primarily in Southwestern Kansas. Corporate headquarters are in Olathe, Kansas.

Bill's new book on the U.S. economy, "What Goes Up Eventually Comes Down" is available now. The book can be purchased directly from Bill.

Bill grew up on a feedyard and cattle ranching operation in southern California in the 1950's. He graduated with honors and received BS and MS degrees in Agriculture Economics from the University of Nevada, Reno (1964-1965). Bill received the University's Centennial Alumnus Award in 1988 from the Board of Regents for "Outstanding Graduate of the University for the Past 100 Years." He is a member of the Kansas State University Advisory Board for the Agribusiness Masters 2-Year Degree Program. Bill is married to Kathleen and they live in Olathe, Kansas.

To sign up for Bills quarterly news letter or to buy his book, visit his website at

In this interview, Bill talks about the resent election and the impact this will have on the agricultural and beef industry.  With the rising cost of energy and feed, Bill sees the future for the cattle industry in grass fed cattle.  Bill gives a lot of detail and information in this interview so be ready to take notes and write your questions in the comment section below.

If you really want to be challenged by Mr. Helming and learn more about his outlook on our future for the next 25 years, you NEED to listen to this months training!

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