Under the Biden administration, fertilizer prices were actually higher than they are today. And listen, I'm not here to say don't worry, it's going to be okay. Fertilizer prices today are too high. But This is a result of China basically restricting their exports on fertilizer. We've got major issues with Morocco getting fertilizer out. This is much, much bigger than Hormuz the challenge in America is not whether or not we have fertilizer. (02:21–02:27)
CLAIM
Asserts that China's restriction on fertilizer exports is a cause of high fertilizer prices.
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