U.S. President Donald Trump looks on as he speaks to members of the media aboard Air Force One en route to Joint Base Andrews, Maryland, U.S., March 29, 2026. REUTERS Elizabeth Frantz
JP Morgan recently flagged a slow-building food crisis, and Fox Business on Tuesday dispatched a message directly to President Donald Trump about the global threat he's potentially aggravating.
“A JPMorgan (JPM) fertilizer analysis has been recirculating this week alongside a figure suggesting grocery prices could jump 12.3 percent,” reports marketing expert Tobi Opeyeni Anure for The Street, adding this could arrive on top of American household budgets seeing a 9.9 percent rise in food prices since 2022, the fastest pace since 1979, according to the USDA Economic Research Service.
Fox reports a crisis potentially cascading thanks to Trump’s ongoing Iran war, with corn, soybeans wheat and other food staples deteriorating, said Fox guest speaker Scott Shellady.
“We’ve got a problem with logistics. Logistics around the world has slowed up,” Shellady told Fox Business, referring to the issue with Trump’s Strait of Hormuz, but also with blockades in the Black Sea also related to Trump’s attacks on Iran.
“Both of them cause problems with fertilizer and when we don’t put down enough fertilizer guess what happens to yields. This is a cascading event. This is a logistics issue, it’s a weather issue and it’s a political issue and they’re all stacking up for the perfect storm where JP Morgan sees food inflation at five percent next year. And that could be a real problem if we get any big hiccups with Mother Nature,” Shellady said.
But social media critics pointed out that Fox News is one of only a handful of entertainment services Trump monitors, and their livid presentation of the looming food threat was no accident.
“Why would Fox News, after promoting Trump [and] MAGA dutifully for years, suddenly reveal this? are things much worse than we'd thought?” posted prolific author Joyce Carol Oates on X.
“They know Natalie (Harp) won’t tell him, so they have to put it on Fox so he knows what he’s doing has consequences,” wrote another critic in response.
“Rupert knows which way the wind blows,” said another.
“Are we winning?” snapped another heckler.
A MAGA account complained that Fox is likely sounding alarms because “people are starving, can't pay rent and on the verge of becoming full-fledged [NYC Mayor Zohran] Mamdani-style progressives. Which will hurt the pocketbook of Fox News and their advertisers directly. If Fox News does not throw Trump under the bus, Trump's stupidity will throw them under first.”
