And so their answer was, there's no doubt that the tariffs had had an impact on, on prices in general. The difficulty is it's not the main impact. The main impact and the reason we're seeing such horrible prices in the farm economy is because of worldwide gluts of wheat and of onions and of other sugar and other things. And there's so much of it that it's driving the prices down. People tend to want to blame tariffs, but the truth of it is, we have too much of that stuff. (05:27–05:42)
CLAIM
Asserts that global oversupply is the main reason for low agricultural prices.
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.
