Here in Japan the turmoil at their Ministry of Agriculture precluded our being able to meet with their Minister. Back home it looks like we’ve got a little turnover going on too. I just learned that Mike Johanns has resigned as our Ag Secretary. The picture of him here is from the recent Farm Progress Show. I’ve always been a big fan of Mr. Johanns since I first met him as Governor of Nebraska. I’m betting he’ll continue to be a political force in that state. President Bush has appointed Deputy Agriculture Secretary Charles Conner to take over as acting secretary.
Here’s his letter of resignation as shared by USDA:
Dear Mr. President,
It has been a great honor to serve you and the American people as Secretary of Agriculture for nearly three years. After careful thought and difficult deliberation, I am writing to inform you that I have decided to pursue a new opportunity to serve this great Nation. Please accept my resignation effective today, September 19, 2007 and my gratitude for the distinct privilege to serve in your Cabinet.
Under your leadership and vision, American agriculture is stronger than ever before in history. Your presidency has had a profoundly positive impact on the lives of Americans in both rural and urban communities.
Farm equity, now at $2 trillion, has increased $200 billion per year for the past several years. The debt-to-asset ratio is the lowest in more than 45 years. Projected 2007 net cash income is a record high $86 billion. The average farm household income is projected at $81,500 this year, nearly $20,000 above the average household income in the U.S. Overall farm balance sheets reveal a strong and growing farm economy. Read More