A Moment of Clarity: The Rising Costs of Farming and the Looming Food Crisis
The Michael Steele Podcast
Two Squared Media
4.8 • 3.3K Ratings
🗓️ 12 June 2026
⏱️ 2 minutes
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Summary
With a staggering 70% of U.S. farmers unable to afford the necessary inputs for their crops, Michael underscores the dire implications this has for food supply in the coming months. He connects the dots between economic turmoil and political leadership, critiquing the current administration's lack of a coherent economic agenda. As the nation grapples with these challenges, Michael calls for a return to focus on the everyday struggles of Americans, rather than getting lost in political distractions. Tune in for a candid discussion on the realities facing farmers and the broader implications for our economy.
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Transcript
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| 0:00.0 | And now for a moment of clarity. |
| 0:06.2 | Point about the farmers to put them in the center of the table. |
| 0:09.5 | Yes, get to the farmers. This was good. |
| 0:11.4 | Grain World magazine from the editor, fuel and fertilizer. |
| 0:14.9 | Global grain price producers in 2026 are focused on two F words that aren't obscene. |
| 0:20.2 | But their rising costs are enough |
| 0:21.7 | to make them curse as they see their profit margin shrink or in some cases completely disappear. |
| 0:27.7 | Fertilizer and fuel, inputs that are essential to maximizing agricultural production, |
| 0:33.1 | have become so expensive that many of the world's farmers are either cutting back on |
| 0:37.3 | applications to their |
| 0:38.3 | crops or not applying them at all. And according to a nationwide surveyed by the American Farm Bureau |
| 0:44.1 | Federation, approximately 70% of U.S. farmers cannot afford all the fertilizer they need for their |
| 0:49.9 | crops. America, if a farmer can't afford a fertilizer for the crops, guess what? You may not be |
| 0:56.1 | eaten in three or four months. That's the reality here. I didn't think about that. Right? So, |
| 1:02.1 | I mean, break it down for us. When the economy is going well, the American public got a very high |
| 1:07.0 | threshold for a lot of the nonsense. And when it is not going well, like right now, |
| 1:10.9 | that nonsense compounds. And I go back to his meet the press interview where he faced some |
| 1:16.2 | challenging questions and quit midway through and left. Wasn't fighting with the media. He does |
| 1:21.3 | it all the time. But when things get tough, he's quitting right now. There's no economic agenda |
| 1:26.4 | right now. He has lost control about ending the war with Iran. |
| 1:31.3 | So it's this notion of when you have no vision, he has just gone to pure line of sight. |
| 1:36.8 | Speech after unrelated speech, rambling about fountains, you know, the beautification of D.C. |
... |
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