… from Iowa, others from western Virginia, across this country, when they were already operating on such thin margins, barely making it day to day, month to month, year to year. We've lost almost 200,000 family farms in just the last four or five years. The cost of inputs went up 30% under the last administration. Those margins are very precarious. And what we have said and what the President has committed to from day one is that this opening of markets around the world is unprecedented. (34:02–34:07)
CLAIM
Asserts that nearly 200,000 family farms have been lost in the past four or five years.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.