But for a lot of our families, especially our sugar beet farmers and our specialty crop growers, it didn't come close. Not even close. In fact, Michigan sugar beet farmers lost $100 million last season. When we look at Over the last three years, [there has been] an accumulative $50 billion debt loss in the ag economy. not debt loss, excuse me. We actually need a plan for the right now. I understand what you're saying about growing markets and thinking about how to bring many of these things onshore, many of the input costs onshore. (01:47–01:57)
CLAIM
Asserts that the agricultural economy has seen a $50 billion debt loss over the past three 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.