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Companies have come out against it including royal dutch shell which encouraged trump to do more. trump tweeted out, quote, the farmers are going to be so however, that is not the reaction coming from many of america's farmers who have already been hard hit because of trump's trade war. the trump epa recently exempted 31 small oil refineries from rules that require them to blend ethanol into their fuel supply issuing 85 total exemptions since trump took office. ethanol comes from corn grown by american farmers who have facing lost revenue from wasted crops and depressed corn price which have f...

The past decade and farmers across the world responded. they brought a nearly 180 million more acres into production and u.s. farmers have evermore increasing competition to deal with as a result. we can't rely on foreign importers to soak up every left colonel that we used to because more countries are producing more food for export. >> jon: i have relatives who farm in nebraska, it wasn't that long ago or so it seems. i guess we're talking ten years ago or so, corn price was at a record high and things are looking good on the family farm. what happened? >> that is one of the upsides. as rece...

Trying to buy a cd and money market accountings and it seems like a lot of inflation f. you own a lot of the stockings it doesn't feel so bad. >> jamu, are you worried about inflation? >> no, it is it modest compaper tod historical standards and that two percent that is up is the fed target for long-term inflation. we have to look at it fluxeating depending on what you are purchasing, gas is up right now. higher than three months ago. but lower than six monthings. fooled prices are up . alcoholic beverages are down. it affect toby but it does people out there . long-term it is modest. they are...

Because we cannot boy like the big goes do, contract buy. when flour spikes in a week it hits me immediately. big goes can be 180 days off and they can absorb this and they do not feel it like you go to the gas pump today, that is how, that is how my ingredients come in, week to week, and it is unpredictable and uncontrollable. >>neil: do you see it continuing for a while? >>guest: it is scary because you have never had in the history of our country, 53 years, have we seen spiked in everything, it is usually a week, like wheat, dairy, or oil. but it is everything. right now we have energy poli...