LIVE: President Trump participates in a roundtable on American agriculture in Wisconsin

4/16/2026 8:57:40 AM	short term up	5 days later	+0.99%	+0.99%

Donald J. Trump

We had to extinguish a nuclear-capable country (Iran). We've largely finished that. One way or the other, it's finished. The blockade is unbelievable. 159 ships in four days at the bottom of the sea.

Context for why fertilizer/energy prices rose recently due to military action.

Donald J. Trump

We're going to come out of Iran very quickly. Your fertilizer prices are going to go way down, your energy's down, your oil, your gas is all coming way down. We're going to get gasoline down to $1.85 again very quickly.

Direct causal link between end of conflict and input cost relief for farmers.

Donald J. Trump

For the third month in a row, the jobs numbers smashed all expectations. 172,000 jobs were created in May, about four times higher than anticipated. These are the strongest job numbers of the entire administration so far.

Claims economic strength despite military conflict.

Donald J. Trump

When you have great job numbers, the stock market goes down because they think interest rates will go up. Growth actually stops inflation. They ought to go back to the old system.

Critique of market reaction to strong data; implies belief that growth is disinflationary.

Donald J. Trump

We have $18 trillion coming into the United States from countries and people all over the world in 11 months. The previous administration had less than $1 trillion in four years.

Claims massive capital inflow as proof of economic strength.

Donald J. Trump

We're leading China by a lot in the AI race. We're leading everybody now when it comes to cars.

Claims US technological and manufacturing leadership.

Donald J. Trump

The stock market just hit 73 all-time records in a short period of time. Your 401ks just hit a record high.

Direct bullish signal for equities.

Donald J. Trump

In my first year back, average farm incomes have skyrocketed by more than 20%. We passed the largest tax cuts in American history. We made the small business tax deduction permanent. We gave you 100% expensing and bonus depreciation. We got rid of the estate tax.

Specific policy achievements benefiting farmers and small businesses.

Donald J. Trump

We terminated the insane electric vehicle mandate. We ended the electric mandate. We eliminated restrictions on sales of E15. We gave you the right to repair. We repealed the waters of the United States rule.

Deregulation actions aimed at reducing costs and increasing autonomy for farmers.

Donald J. Trump

We've dramatically expanded exports of American meat, poultry, soybeans, biofuels, and Wisconsin dairy. Dairy exports have surged nearly $1.2 billion. Increasing 41% to Japan, 48% to the Middle East, 61% to European Union, 85% to Australia.

Specific trade growth figures supporting agricultural sector.

Donald J. Trump

We inherited very high costs and we're getting them down. They're coming down very rapidly. When fuel comes down, they're really going to come down.

Forward guidance on disinflation, particularly in energy and food.

Brooke Rollins

We inherited an almost $50 billion agricultural trade deficit. In just a little over one year, 19 new trade deals have been struck. We are going to break every record for dairy, tree nuts, corn, ethanol.

Confirms trade turnaround and bullish outlook for agricultural exports.

Ron Johnson

They realize you are going to fight for them. You have turned the Republican party into the party of the working men and women of this country.

Political support, not economic analysis.

Tom Tiffany

Thank you for signing the whole milk for healthy kids bill. Thank you for standing up for forestry. We are now once again managing our forests.

Specific policy wins for Wisconsin agriculture and forestry.

Derek Van Orden

You announced $50 million for clean coal in Wisconsin. You signed a $50 billion rural healthcare infrastructure bill. E15 year round got through Congress because of Donald J. Trump.

Specific federal funding and policy wins for rural Wisconsin.

Joe Thomas

The small processors action plan is great work. One of the biggest bottlenecks is the lack of small packing and processing plants. It leads to higher costs for the customer and less money for the farmer.

Identifies a structural issue in the beef supply chain.

Ken Kuster (farm owner)

We as farmers have lost a tremendous amount of our trade. All we need is fair trade. We can compete with anybody in the world.

Farmer perspective: desire for fair trade over subsidies.

Steve (pipeline construction)

Monopolization of inputs is a problem: four seed/chemical companies control 78%, three fertilizers control 90%, four beef companies control 85%. Our inputs just rise with commodity prices.

Identifies market concentration as a key cost driver for farmers.

Steve (pipeline construction)

We were an 8,000 person company under your first administration, went down to 1,500, now starting back up. We're in final negotiations on a big project in Alaska (Glenn Farn) for energy security.

Evidence of energy sector recovery and investment.

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