Transcript - Remarks: Joe Biden Discusses the Impact of the Russian Invasion on Food Prices - May 11, 2022 | Factba.se

Joe Biden

00:00:00 - 00:00:10 ()

Hello, hello, hello. Is this one working? There you go. Please, sit down.

Joe Biden

00:00:10 - 00:00:42 ()

One of the things I want to put to rest -- everybody looks at me and says, "Have you ever been on a farm?" And I remind them that that no- -- what nobody knows: I come from the state of Delaware; I represented Delaware for 36 years in the United States Senate before I became Vice President. The single-largest industry in Delaware and the Delmarva -- Delaware, Maryland, Virginia peninsula; that peninsula that goes down -- is agriculture. It's a $4 billion industry. Four billion dollars -- that whole peninsula.

Joe Biden

00:00:42 - 00:00:59 ()

And we have more chickens than there are Americans. [Laughter] More broilers. And so, you know, I've been very -- let me put it this way: If I didn't know something about farms, I'd have been a United States senator for 6 years, not 36 years.

Joe Biden

00:00:59 - 00:01:03 ()

But every part of the country is different. Every part of the country is different.

Joe Biden

00:01:03 - 00:01:31 ()

But before I go on, I want to pay a little bit of a tribute to this guy right here. I'm going to embarrass you a little bit. This is the man who happens to be the son of the owners of this farm. And this guy is doing -- you know, there's an old expression: God made man and then he made a few firefighters. Not a joke. Firefighters are incredible. Who else runs -- who else is crazy enough to run into flames, you know?

Joe Biden

00:01:31 - 00:01:40 ()

But all kidding aside, what you're doing in terms of helping conservation as well out in Wyoming is astounding. It really is.

Joe Biden

00:01:40 - 00:01:55 ()

I've been to -- I don't want to make you stand. I'm sorry. The -- but the whole point of my raising this is -- and we're not going to be able to talk much about it today -- but conservation is also pretty darn important and climate is pretty important.

Joe Biden

00:01:55 - 00:02:06 ()

I've been to every major fire but two this year, because FEMA is working again. We show up; we don't wait. We don't have to wonder. Governors only have to call me once.

Joe Biden

00:02:06 - 00:02:25 ()

And here's the deal: More timber, more land, more buildings, more territory has been burned to the ground this year than the entire state of New Jersey, from New York all the way down to Virginia. The entire state of New Jersey.

Joe Biden

00:02:25 - 00:02:40 ()

And so, what this young man does is -- amazing what they do, trying to -- and it relates to lack of water in most of the places I've flown over -- those reservoirs that were 200 feet deep that are now two inches deep. Literally, not figuratively.

Joe Biden

00:02:40 - 00:02:55 ()

So one of these days, I want to come back and talk to you all about conservation as well and climate.

Joe Biden

00:02:55 - 00:02:57 ()

But thank you for what you're doing, man. You're -- I really mean it. Thank you. [Applause]

Joe Biden

00:02:57 - 00:03:01 ()

Folks, I know it's hot in here, so I'm not going to talk more than an hour and a half. [Laughter]

Joe Biden

00:03:01 - 00:03:07 ()

Look, I want to make a few I think are fairly important points.

Joe Biden

00:03:07 - 00:03:15 ()

First of all, I want to thank Jeff for that introduction and -- and you, Gina, for your hospitality you've extended today.

Joe Biden

00:03:15 - 00:03:33 ()

I joined Congresswoman Robin Kelly here -- the real champion of working families and farmers -- who represents this area, and I just do what she says. She sends a note to the White House, and I get it done. No, but she's a key player on infrastructure -- getting high-speed Internet, clean water to every person across this district.

Joe Biden

00:03:33 - 00:03:49 ()

And I know we -- wanted to be here also was Dick Durbin and Tammy Duckworth, but they -- and I mean they were going to come, but there's a vote today in the United States and they're unable to be here. They're one of the -- they're two of the most genuine, reliable people that I've ever worked with, and I've been doing this for a few days.

Joe Biden

00:03:49 - 00:04:14 ()

And I want to thank Tom Vilsack. Tom and I became friends when Tom was governor in Iowa. We traveled the state. And Tom has forgotten more about farming than most people will ever learn. I'm sure this rooms knows as much, but the idea -- Tom talks about how critically important that agriculture is to the United States in every single, solitary way.

Joe Biden

00:04:14 - 00:04:34 ()

But the real reason I'm here is to thank the American farmers -- thank farmers. You feed America. You get us through -- you got us through a pandemic. And you're literally the backbone of our country. It's not hyperbole. But you also feed the world. And we're seeing with Putin's war in Ukraine, you're like the backbone of freedom.

Joe Biden

00:04:34 - 00:04:58 ()

You know, I was at factory not long ago, a couple -- eight days ago, down in Alabama. And they make Javelin missiles to help the Ukrainians stave off the Russians, beat them back in their aggression. And I pointed out that -- the proof point that America is the arsenal of democracy. That's what they are. We always have been. We've been the arsenal of democracy.

Joe Biden

00:04:58 - 00:05:05 ()

And I stand here today to thank American farmers who are the -- who are the breadbasket of democracy. You really are.

Joe Biden

00:05:05 - 00:05:16 ()

You know, we talk about -- you know, every investment banker could leave their job. If every farmer left, we'd all starve to death. You know, let's talk about what's important to us. Everybo- -- all these jobs are important.

Joe Biden

00:05:16 - 00:05:32 ()

But I -- just think about it: Right now, America is fighting on two fronts. At home, it's inflation and rising prices. Abroad, it's helping Ukrainians defend their democracy and feeding those who are left hungry around the world because Russian atrocities exist.

Joe Biden

00:05:32 - 00:05:47 ()

And Jeff and the American farmers understand Putin's war has -- has cut off critical sources of food. Ukraine was the world's largest producer of wheat and corn and cooking oil -- but wheat, the largest.

Joe Biden

00:05:47 - 00:06:10 ()

For example, Ukraine says they have 20 million tons of grain in their silos right now -- 20 million tons. And guess what? If those tons don't get to market, an awful lot of people in Africa are going to starve to death because they are the sole -- sole supplier of a number of African countries. Somalia -- I won't go through them all.

Joe Biden

00:06:10 - 00:06:26 ()

But the point is this: that because of what the Russians are doing in the Black Sea, Putin has warships -- battleships preventing the access to Ukrainian ports to get this -- this grain out, to get this wheat out.

Joe Biden

00:06:26 - 00:06:33 ()

The brutal war launched on Ukrainian soil has prevented Ukrainian farmers from planting next year's crop and next year's harvest.

Joe Biden

00:06:33 - 00:06:39 ()

And they're not doing too damn -- darn well in Russia either. Russia is the second-largest producer.

Joe Biden

00:06:39 - 00:06:50 ()

And -- but we're doing something about it. And our farmers are helping both -- on both fronts, reducing the food -- cost of -- price of food at home and expanding production and feeding the world in need.

Joe Biden

00:06:50 - 00:07:00 ()

You know, I just toured Jeff's beautiful family farm -- 800 acres of soybeans, corn, and wheat. We talked about farmers all across America -- what they're experiencing today.

Joe Biden

00:07:00 - 00:07:11 ()

In addition to Putin's war in Ukraine, it's been cold and wet this spring, like it is cold today. [Laughter] We waited for 90-degree weather until I showed up here.

Joe Biden

00:07:11 - 00:07:20 ()

But, look, many farmers in the Midwest have been put behind the eight ball because of that. But it kept them from getting into their fields and planting crops.

Joe Biden

00:07:20 - 00:07:35 ()

But as Jeff just shared, American farmers always find a way. They always feel something extra -- a spark of patriotism. And that's not hyperbole. A spark of patriotism. A sense of never giving up, of always finding a solution.

Joe Biden

00:07:35 - 00:07:49 ()

To all of our farmers, I want you to know: Your congresswoman, me, the Secretaries of my Cabinet -- we have your back. Robin has your back. She's always looking at what's going on in the agricultural world.

Joe Biden

00:07:49 - 00:07:55 ()

For example, we're reducing the red tape so it's easier for farmers to conserve inputs and double crop.

Joe Biden

00:07:55 - 00:08:08 ()

For folks at home who don't know what "double cropping" means: harvesting two different crops from the same field in the same year. And that's what Jeff does with wheat and soybeans, which America is a top producer of -- soybeans.

Joe Biden

00:08:08 - 00:08:15 ()

And wheat will be harvested around July 4th, if all goes well, God willing, and "the crick not rising," as my grandfather would say.

Joe Biden

00:08:15 - 00:08:23 ()

But, look, then you plant soybeans on the same acreage. And he'll tell you, double cropping comes with some real risks.

Joe Biden

00:08:23 - 00:08:37 ()

The growing season for wheat is short, and if the weather conditions aren't ideal or aren't at least good, or there are other disruptions, then the timing of everything is thrown off. But it's a risk we need to take.

Joe Biden

00:08:37 - 00:08:46 ()

That's why my administration is looking at how to extend crop insurance coverage to give financial security to farmers like Jeff who practice double cropping.

Joe Biden

00:08:46 - 00:09:03 ()

Secondly, I want to also -- farmers are worried about raising fer- -- rising fertilizer costs and what is the content of the fertilizer. That's why, earlier this year, the U.S. Department of Agriculture announced it would invest $250 million to boost fertilizer production.

Joe Biden

00:09:03 - 00:09:14 ()

Literally on the plane out here, on Air Force One, I turned to Tom and I said, "Tom, double that. Make it $500 million. It's so desperately needed. We can't take chances."

Joe Biden

00:09:14 - 00:09:38 ()

It's critical to get this done. Now, when we -- when we leave here today, I'm heading up to Chicago. You know where Tom is going? He's getting -- he's heading to the airport -- when we get to Air Force One -- he's heading to Germany, to the G7. That is all the democracies in Europe getting together and their agricultural teams getting together. North America, Europe, and Asia -- they're all part of it. And what -- to solve some really big problems.

Joe Biden

00:09:38 - 00:09:58 ()

They're going to see what actions we can take to increase fertilizer suppliers globally and identify how we can work together to prevent export restrictions on food and agricultural inputs and bring more global production to market, which will stabilize prices and bring more certainty to our farmers and keep people from dying of hunger.

Joe Biden

00:09:58 - 00:10:06 ()

You know, this builds in other ways as well. My administration has been working to drive down the costs to farmers -- and Tom mentioned it a little bit -- and prices to consumers.

Joe Biden

00:10:06 - 00:10:25 ()

To reduce gas prices last month, I was in Iowa -- a biofuel processing plant -- at a biofuel processing plant. And I announced an emergency waiver to allow E15 gasoline to be sold across America during the summer. It's an extraordinary effort, but it had to be done for this summer.

Joe Biden

00:10:25 - 00:10:37 ()

E15 uses more ethanol on crops grown here in Illinois and elsewhere around the country. And it can reduce the cost of a gallon of gasoline at the pump by 10 cents per gallon. Every little bit matters.

Joe Biden

00:10:37 - 00:10:50 ()

I know it's a big deal. And Robin is a big supporter of this, and she's pushing it in the House as well. Only four big companies, by the way, control more than half the markets for beef, pork, and poultry.

Joe Biden

00:10:50 - 00:11:08 ()

Without meaningful competition, our farmers and ranchers have to pay whatever the four big re- -- retailers are saying they'll pay for their chickens, their hogs, and their cattle. These big companies can use their position as middlemen to overcharge grocery stores and, ultimately, families.

Joe Biden

00:11:08 - 00:11:21 ()

Just consider this: Fifty years ago, ranchers got over 60 cents on every dollar spent to produce the beef they raised. Today, they get 39 cents.

Joe Biden

00:11:21 - 00:11:31 ()

Fifty years ago, hog farmers got 40 to 60 cents for each dollar the family spent raising that hog. Today, it's about 19 cents.

Joe Biden

00:11:31 - 00:11:45 ()

And as big companies made massive profits, the prices you see at the grocery stores have gone up and the prices farmers receive has gone down. This reflects a market distorted by the lack of competition.

Joe Biden

00:11:45 - 00:12:08 ()

So last year, I signed -- one of the first executive orders I signed was the -- the competition on a -- to make competition more available and level the playing field. And though the American Res- -- through the American Rescue Plan, we're investing about $1 billion to help smaller meat processors expand their capacity; give farmers, ranchers, and consumers more options and be- -- better prices.

Joe Biden

00:12:08 - 00:12:16 ()

Look, I'm a capitalist. But capitalism without competition is not capitalism. It's exploitation. It's exploitation.

Joe Biden

00:12:16 - 00:12:33 ()

Folks, we can make sure that American agricultural exports will make up for the gap in Ukrainian supplies. In fact, during my first year in office, American agriculture exports shattered all previous records: $177 billion last year alone.

Joe Biden

00:12:33 - 00:12:37 ()

I remind people: My predecessor did not come close.

Joe Biden

00:12:37 - 00:12:54 ()

By traveling in our -- you know, by -- we can't -- we have to keep investing in our farmers to reduce the costs, to reduce prices to consumers, and have the most productive, most efficient farmers in the world here in the United States.

Joe Biden

00:12:54 - 00:13:02 ()

We've always combined generations of know-how with cutting-edge technology to feed us and the world.

Joe Biden

00:13:02 - 00:13:18 ()

And I'm going to keep fighting for family farmers like Jeff so they can do what they do best. I hope Congress is going to join me -- I know Robin is going to fight like hell to have it happen -- in working hard to invest in farmers like Jeff and feed America and the world. That's what we have to do.

Joe Biden

00:13:18 - 00:13:27 ()

Let me close with this: Look at the family farms like this one as a reminder of the bounty, beauty, and generosity of this nation.

Joe Biden

00:13:27 - 00:13:32 ()

I know this -- and you're tired of hearing me say this for the last two years. It's never, ever -- I always --

Joe Biden

00:13:32 - 00:13:41 ()

I was on the Tibetan Plateau with Xi Jinping. I've traveled with him and spent more time with him than any other world leader has in China.

Joe Biden

00:13:41 - 00:13:55 ()

And he said -- he was talking about why America is a diminishing power. And I said, "Mr. President, it's never been a good bet to bet against the American people. No one has ever won betting against the American people."

Joe Biden

00:13:55 - 00:14:04 ()

And I said, "And, by the way, you asked me... " He went on and he said, "Can you define America for me?" Just me and a translator, and him and a translator. Simultaneous translation.

Joe Biden

00:14:04 - 00:14:10 ()

By the way, I turned all my notes over to the State Department. [Laughter] It matters.

Joe Biden

00:14:10 - 00:14:25 ()

But, you know, what happened was, he said, "Can you define America for me?" And this is the God's truth because -- been quoted a thousand times now. I said, "Yes, one word: possibilities."

Joe Biden

00:14:25 - 00:14:40 ()

We're the only nation in the world -- the only nation in the world that has come out of every crisis stronger than we went in it, every single time, regardless of what it was. No other nation has done that.

Joe Biden

00:14:40 - 00:14:48 ()

It's one of the reasons why in some places we're called the "ugly Americans." We think we can do anything. We know we can do anything. We know.

Joe Biden

00:14:48 - 00:15:08 ()

This nation leads the world. We stand up for freedom. We're the United States of America. And when we are united, there's not a damn thing we can't do. That's not hyperbole. It's a fact. As a student of history, it's a fact. There's nothing beyond our capacity when we work together. Nothing.

Joe Biden

00:15:08 - 00:15:19 ()

So, I'm here to say: God bless our farmers. And I mean this sincerely. God protect our firefighters. And may God protect our troops.

Joe Biden

00:15:19 - 00:15:31 ()

Thank you for what you do. America owes you. They owe you big. [Applause]