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lauren: in empty. stuart: less than half the office buildings are less than half full. lauren: not even cold. no excuse. stuart: empty. good morning, everyone. it is 10:00 eastern let's tackle the money. minor loss on wall street. the 10-year treasury yield has gone up just in the last few days. .62 you're looking at now. it was about 3.38 this time last week. the price of oil, $73 a barrel. wit coin just under $23,000 a coin. that is the markets on monday morning. now this. a week before the election of 1980 candidate reagan ended president carter's re-election hopes, a single question. are you better off today than you were four years ago? back then the answer was no. the country was not feeling better off.

ronald reagan went on to win in a landslide. look i bring this up because the same question could be asked of president biden today, are you better off than two years ago? according to an "abc/washington post" poll a record number, 41% says no, we're not better off. after the first two years of trump's presidency, only 13% said they were not better off. this is really bad news for biden. he delivers what is supposed to be an upbeat state of the union message tomorrow. soon after that we're told to expect announcement he is running in 2024. that same poll showed 58% of democrats don't want him to run. worse yet, 62% of the general public would be disappointed or even angry if he were reelected for a second term. all too often this president makes statements are at odds with reality. he didn't inherit an economy in freefall. inflation was not high when he

took office. the border is absolutely not under control, and that balloon really should have been taken down before it spied on our military bases. second hour of "varney" just getting started. ♪. stuart: guy benson with me, the gentleman on the right-hand side of the screen right there. the white house is already on defense here. they're trying to praise biden for his historic accomplishments. do you think americans are going to buy it? >> obviously not based on some of the numbers that you just rehearsed, stu. i get it, state of the union address, it is this irresistible moment for any administration where they feel like they have this moment to talk to millions of people and build their narrative. of course they're going to accentuate the positive, they will try to point to certain things that are going relatively well. there was a good jobs report. but i think that there is a real

risk here of getting too rah-rah. they have not always really framed their arguments terribly well and set expectations appropriately. it has been part of their political downfall. this is a president in the low 40s on approval but it seems like they're gearing up to make the same mistake again, getting triumphal when the country really doesn't feel like that is appropriate at the moment. that is not the experience they have been living the last couple years, even if some signs of progress certain praises, people are still deeply unhappy, and concern what is coming next and we'll see if the president modulates through that reality or if he tries to plow through with this celebration of himself and cheering democrats. american people decide if they do that, if that is an appropriate message they want to embrace. stuart: did you see another part of the same poll, 58% of democrat voters, democrats, do not want biden as their candidate in 2024. that is not good for biden, is

it? >> it's not but the question is there an alternative for the democrats? if he as the incumbent president is dead set running for another four years it takes a lot to uproot a sitting president within your own party. i mean tough enough in a general election. i don't think there is really maybe an a-list democrat out there who woe really want to challenge him. a lot could happen between now and next year. he would be the odds on favorite to win the nomination again, a lot of democrats, rank-and-file voters across the country, not excited about that. brand new poll today i saw, stu, echoing similar concerns among democrats. only 37%, this is ap poll, associated press, shirt 37% democratic voters want him to

run again. what that looks like in 2024 it remains toby seen. it is not a great foundation for a successful reelect. stuart: what is the problem here? is it his age? is it the border? people feeling they're not getting better off? the sum of all those parts? >> it's the sum of all the parts i would imagine. there are some people on the left who feel like they can do better. they want someone more left-wing. others feel like he promised to be a moderate and kind of independent and bring us together. he has not done that there are other people hurting financially -- look inflation is still a very serious problem on a lot of different fronts. there is general sense of weakness, a tiredness, can this man who is 80 really go at this for six more years in this position? i think you combine all of those factors. obviously, at least in the ap poll, almost 80% of americans say no. stuart: got it. that was pretty emphatic right

there. guy benson, thank you very much, sir. hope to see you again soon. back to the markets. we have red ink, down 180 on the dow, down 160 on the nasdaq. jeff sica is our market guy of the morning. jeff, i want to talk about disney, they report on wednesday, perhaps the most important earnings report on the week. will they return to glory? >> disney is an iconic magical brand. most of us who have owned the stock for the last 12 years are not feeling the magic because they have drastically underperformed the market. so now, i would say that the last, the last two years a lot of that had to do with the ever woke, ever incompetent bob chapek who was more concerned with fighting with ron desantis rather than preserving, and growing the brand. now what we have bob iger in charge. he is a much better visionary and leader. we have a few, a few aspects of

the earnings report that are going to be focused on, one, is of course disney plus. they have a very lofty goal at the end of 2024 to get up to 250 million subscribers which is a massive gain. i think they're going to make good progress this quarter on disney plus and also what bob iger intends to do with abc and espn. there has been a lot of talk about whether he is going to spin it off. i don't believe he should. i think he should preserve it but i do think that bob iger and disney will eventually return to their former glory. stuart: have you bought, you bought any recently, disney stock? >> i've been buying disney consistently. i owned it for a while. disney was actual the first stock i bought 30 years ago when i started managing money. that is how much i loved disney then. stuart: that was your first sock? >> first stock i ever bought, yes. stuart: when did you fall out of love with disney? >> chapek to me, when i listen

to this man talk the hair would stand up on the back of my neck because the things he would say were not the things that a leader should be saying where it became very clear that the, that disney, if they kept him, i think disney would be over. stuart: he was facing a revolt from disney's own employees, the woke employees kind of forced him into that position. >> yeah. they wanted him to be the poster-child of wokeness. stuart: they did. >> and they wanted to take disney to this unchartered territory which i think would have been their demise. so thankfully he's gone. they made two billion dollars on "avatar," which was a tremendous theatrical release. there is no recession in the theme parks. they're up to pre-pandemic levels, 73% last year. they're doing well. let's keep the momentum. i won't regret the fact that i stuck with them these years. stuart: $109 a share now. we'll see next week, where it is

then. good luck. thanks, jeff. looking at the movers, we're starting with a company which i have not heard of katalant. lauren: they organize the technology of the delivery of the covid vaccines, for instance. that is the work they do. there is report of buyout from danaher, medical device-maker. catalent is up 24%. it was down earlier this year i think the theme here m&a might be coming back. stuart: i see a big merger in gold, newmont buying something. lauren: they made a bid to buy australia new crest mining. $17 billion. the stock is down. one reason it is expensive. wall street might be having doubts about this merger if it goes through. the price tag is set to be too low. in td's viewpoint really struck

me. it feels like newmont is trying to get bigger for bigger sake that is the only reason line the transaction. they don't see much synergy if you will. stuart: tell me about childrens place. lauren: they went from forecasting a profit of 50 cents a share to a loss of more than four dollars just like that and they said inflation is just pounding us. their margins keep getting hurt. input costs up. cotton costs up. i wrote something down from apollo. it is a soft landing possible? they say what about a no landing, where the economy doesn't slow down but inflation returns and we're kind of in this situation where you don't feel like you're getting ahead because inflation is just up there? it is just high. it would be very bad. stuart: very bad. lauren: you continue to create jobs so it doesn't seem that bad. stuart: i got it. next one, inflation, starting to cool. who says, somebody is saying it we're not out of the woods. who is that? lauren: wild card is china. nobody knows how big or

consequential it will be. new edge wealth is saying it, they warn, i'm quoting a second chapter in the pandemic price surge is coming. if just china tourism, right? look at all the money, unleashed giant of china after covid where they will go. they spoke about these four countries specifically, spain japan, australia. they're seeing inflation rise again. it's a global phenomenon. stuart: got it. new research shows majority of managers, majority of managers would support a four-day work week trend. lauren: they get it too, right? doesn't everybody want to work four days a week? this isn't what maryland is trying to do 32 hours. this is four days, 10 hour days, full 40 hour work week. robert half survey, 93% of managers want a four-day schedule. 64% of them they say that will happen in the next five years.

why are you laughing, jeff? >> i dealt with this in my own company. people want four-day work week, they also want to work at home. so really becoming more like a three-day work week. i know by me saying this, a lot of people who hear me will be very mad at me. but it is very true. stuart: that is the trend. monday through friday as, work from home, tuesday, wednesday, thursday, go to the office. >> debatable whether people work on fridays any way. i understand -- lauren: in my head, i thought the survey was report to the office four days a week. silly me. it didn't specify. it could be remote work, four days a week. stuart: as long as you work. nearly half of all-americans feel they're financially worse off since president biden took office. if you ask transportation secretary pete buttigieg our economy is extraordinary. roll it. >> what we're seeing is extraordinary. record job creation as president pointed out, more created two

years on his watch than four years under any president's watch. inflation is going down as well. stuart: i think steve forbes may have some trouble with some of the things that pete buttigieg said there. we'll deal with later. sam bankman-fried gave millions in campaign contributions before his company collapsed. now the bankrupt exchange wants it all back. we've got the story. former president trump has come out swinging against florida's desantis but desantis has been largely ignoring trump's recent criticism s that a winning strategy? joe concha takes it on. joe is next. ♪. this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are?

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stuart: the dow jones industrial average after what, 48 minutes worth of business down 200 and the nasdaq is down 100 points. the governor of new hampshire, chris sununu issued a polled prediction about president trump's chances in 2024. so lauren, does he think trump can win. lauren: if he faced biden, sununu is a hard no. stuart: no? lauren: hard no. stuart: trump cannot win. >> that is what he says. here you go. >> trump is extreme candidate. country will push back against it. look at results of three months ago. that shows you where extreme candidates will end up falling t can't get done. he could get the nomination but he can't get done. lauren: so governor sununu is a republican. he thinks that ron desantis and nicky hailry are quote really good candidates. he himself is thinking of running. stuart: a lot of republicans are thinking of running. got it. here is a headline for you,

the desantis strategy, ignore an increasingly agitated trump. joe concha joins me. he wrote it. joe, how will this benefit desantis in the long run. >> you look at history, right, and history being seven years ago, stu. what we witnessed in 2016 whichmarked the last time donald trump had multiple challengers for the nomination and he would go after them on a very personal level, complete with nicknames, right? we remember low energy for jeb bush, little hands marco for marco rubio, lyin' ted cruz and so on. all the candidates responded to outtrump, trump, getting personal back with him we saw how that worked out. governor desantis communications team are not taking the bait. they're declining record and talking about the governor's record in florida. a 20 point blowout, shows the people in florida like the job he is doing in terms of policies, approach, the way he

takes on democrats, academia, the media. so i will leave it here, stu, if desantis decides to run, sticks to issue, avoids engaging trump in the mud, good chance he will fare much better than bushes, rubio and cruise did years ago. stuart: 48% would support president trump, 44% would support president biden, what do you make of that, joe? >> folks may like rematches in boxing, stu, right? ali, frazier, tyson, holyfield, but in presidential politics are a rarity, what the polls are showing, not just one but several, not many people want a remove between joe biden and donald trump in 2020. we haven't seen a general election rematch since eisenhower defeated stevenson in 1956. beat him for a second time. there is a little trivia.

unpack the poll. 44% want trump to be nominee. 950% intraparty approval in the office. the news is worse for joe biden, less than 1/3 of democrats want to see hymn run again. the reason he is too old, regressing on everything when it comes to inflation, crime, the border, education, foreign policy. he is underwater on all fronts. then you look at his work schedule, stu, it is absolutely laughable. i have it here in front of me. received the daily brief at 9:30 a.m. he arrives back at white house for another weekend away, at noon. that is it. this president is working 24/7, working 24 hours a week, seven months out of year. they believe he accomplished a great deal and good amount during the first two years of presidency, despite what you hear during the state of the union. that underscores the challenge this president has in terms of perception. who honestly believes, guy benson made a great point earlier, joe biden will only get

better as he approaches is 85, 86th birthday in office if he runs somehow wins again? nobody believes that, stu. stuart: you're note just buying it, that biden can run in 2024. not going to happen. joe concha, you've been right before. you're probably right again. see you later. >> all right, stu, take care. stuart: ftx was one of the democrat top donors during the 2022 midterm elections. ashley, come on in please, they're asking for their money back? ashley: absolutely, the bankrupt crypto exchange sending out notices to former donors, yes, asking for the campaign cash back, thank you very much. former ftx ceo sam bankman-fried and by the way the company's co-ceo ryan salami, were two of the largest political donors during the last election cycle. bankman-fried primarily backed democrats. he was the party's second largest donor last cycle about 37 million in contributions.

salame 19000000 mostly to republicans. made him the party's 10th largest donor. they're just throwing around all the customers cash. apparently it is campaigns. ftx is asking for the funding to be returned by february 28th. earlier request in december asked for donations returned voluntarily that doesn't work out very well. ftx says failure to return the money colead to further legal action. we haven't heard the last of this story. stuart: lawyer up. thank you, ashley. ashley: yes. stuart: president biden is expected to tout his policies at state of the union tomorrow. will this be biden's re-election campaign launch? good question. we'll try to answer it. some trump top security officials deny claims that chinese balloons flew over the u.s. during his administration. watch this. >> they either find a way to blame the trump administration or they try to find a way to say

the trump administration did it too. that is what they're trying to do. it happened during the trump administration. it didn't. stuart: it didn't. congressman mike waltz on the show later. will deal with the white house's latest blame game. congressman waltz coming up. ♪ thinkorswim® by td ameritrade is more than a trading platform. it's an entire trading experience. with innovation that lets you customize interfaces, charts and orders to your style of trading. personalized education to expand your perspective. and a dedicated trade desk of expert-level support.

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♪ stuart: the dow is now down 200 points. nasdaq is down 143. come on in, lauren. we'll look at move verse. please. all china stocks are down. lauren: pinduo is the most, down 4%. they're deflating if you will on the chinese spy balloon. stuart: oh, deflating on the chinese spy balloon? lauren: market sentiment. this deteriorating relationship between the biggest superpowers in the world. stuart: really, is that why china stocks are down? lauren: look down 2%, some are down even more. we're just showing you these 3:00. there is discut to the

superpowers. another reason? whole bacquet of chinese stocks here? stuart: i will take your words. tell me about paypal. lauren: they're down 3 and a quarter. raymond james is going from out to market perform. there has been weakness in branded check out, when you make your transaction your, information is automatically stored on a websites. stuart: yep. lauren: so it is easy. you don't have to type in your account number. they're seeing a weakness in that. that impacts paypal. they want to be integrated on websites when you check out. stuart: artificial intelligence firm, c3.ai. lauren: this is up 12%. this space is up double-digits right now because of partnerships with retail, with you name it, to delve further into artificial intelligence. stuart: if you have got artificial intelligence on your side, you're a take over candidate. lauren: discovering how to use it. stuart: get back to the balloon. navy divers working to recover the debris from the balloon shot down off the coast of south carolina over the weekend. mark meredith at the

white house. what peace the latest from there, please, mark. >> reporter: stuart, trying to work deflating into the conversation after lauren did. good morning to you. the balloon is no longer flying over the united states. the national security headaches are for president biden very much up in the air. congressional republicans very worry what they have seen even though the white house insists reason they delayed shooting the ball ran down because of safety concerns. we saw the actual shootdown of the balloon. the pictures are on your screen. the president told reporters he ordered the balloon shot down on wednesday after being briefed on the situation, even though not taken down until saturday. he is thanking the military personnel. there are questions how often the balloons cross over the united states and become too common. the president has not spoken a lot about this. he answered a few reporters questions. we're hoping he may say more when he gets back to the white house from camp david, 90 minutes from now.

on capitol hill, no surprise republicans are speaking out plenty, critizing the white house over the response. senate minored liter mitch mcconnell writing as usual when it comes to national defense and foreign policy, the biden administration acted too indecisively and too late. we shipment let the crp make a mockery of our airspace. longer term what it means for the u.s.-chinese relations. chinese continue to say this is civilian airship which should never have been shot down. this morning they're speaking out. we heard from a spokesperson for the foreign ministry, misadventure of the airship into us air space was isolated incident and tested u.s. improving u.s. relations and the way it handled the sis. we don't know whether secretary of state antony blinken will head back over to china. he was supposed to go this weekend. the trip was postponed, no word when it may be put back on the schedule. stu, how much will we hear from the white house on china this

week. state of the union address tomorrow night. whether this comes up tonight or not we're still waiting to find out. stuart: only time will tell they say. mark meredith, thanks very much at the white house. here is a headline, the chinese spy balloon is a sputnik moment for america. congressman mike waltz, republican from the great state of florida wrote that and he joins me now. congressman, i remember sputnik in the late 1950s, russia put up the satellite. we were all amazed at this thing. why is the balloon a sputnik moment? >> you're dating yourself, stu. look at the time i think americans obviously knew we were in a cold war but it wasn't until the soviets beat us to space and put a satellite up to where there was a collective wake-up call this is true competitor. they're very serious and we need to get serious about the competition that we're in. so just as that was a wakeup call in 1957, when i'm sure you

were probably 2 years old at best, look, stu, this needs to be a wakeup call now. you know, we've talked a lot about the tidal wave of espionage from the chinese communist party in our confucius institutes, our universities, research labs, wall street, even in the fed and really truly across the board but hopefully this will, this will make folks realize that we are in a cold war. that chinese communist party has entered a cold war with us, seeks to supplant us and seeks to defeat us. what makes it so dangerous, they control some of our supply chains. when you see made in china, folks. put it down. this is national security issue to bring the supply chain homes. stuart: former president trump, his former national security officials they are refuting claims that the chinese balloons flew over the u.s. during hiss administration. watch this, roll it.

>> it is not true. i can refute it. former secretary of defense mark esper refuted it yesterday. former secretary of state, cia director mike pompeo has refuted. every timing is goes wrong in the biden administration, there is one of two responses, they either find a way to blame the trump administration to try to find a way to say the trump administration did it too. that is what they're trying to say. this happened during the trump administration. it didn't. you would have heard about it before. stuart: congressman, were balloons floating around under trump? >> you know i do think this is spin on the biden white house's part to say well it happened back then. they didn't shoot it down and therefore justify their dithering and inaction here. my office has been briefed by the office of secretary of defense in the current pentagon, it happened over florida, it happened over texas. that it happened before. we have more detailed questions but what's unclear, stu, this is the key point is, did the

pentagon under the trump administration brief the trump white house and give them the option to take action or did they decide not to brief them for whatever reason and there is some speculation, i talked to trump white house officials over the weekend, that the pentagon deliberately didn't because they thought trump would be too provocative and to aggressive. we need to get to the bottom of it. one person i'm waiting to hear from in the old list, former secretary of defense, general mattis, who was the secretary during this time period. what did he know around what did he decide to pass on to brief to the president. stuart: at some point the balloon will disappear from our headlines but i don't think it is happening yet. it will be there for a while, i believe. congressman mike waltz. >> it's a national embarassment, stu, an international embarassment. we need to get to the bottom of it but thank you. stuart: congressman, we'll see you again soon. >> all right, thanks, we got one republican senator calling for

an investigation into the chinese spy balloon. ashley, which senator? ashley: talking about eric schmitt, the republican from missouri who says americans deserve answers. he is calling for investigation into the biden administration's handling of the chinese spy balloon. here is what he told fox and friends weekend, take a listen. >> chinese asset, chinese spy balloon, i repeat a chinese spy balloon in us air space for a week. it is hovering over critical military installations, nuclear silos in dakotas, whiteman air force base in missouri, home of the b-2 bomber. they were gaining valuable intelligence on joe biden and how he makes decisions, now quickly he makes decisions. he failed every single one of those tests miserably. which is why i called for a full investigation. the american people deserve answers here. ashley: all right, senator schmidt is not the only

politician calling out the biden administration. brenda bethune, the mayor of myrtle beach questioned the government's handling of the balloon, lots of you noticed unplanned fireworks over myrtle beach today. this was done in a manner that insured the safety of our citizens i do have concerns about how the federal government can allow a foreign adversary to fly uninterrupted from montana to our doorstep. the federal government must explain how this was allowed to happen, how they will prevent this anything like it from happening again. stu? stuart: okay. we got it, ashley. thank you. illegal migrants unhappy with their treatment or the treatment from new york officials reportedly they're heading to canada. we'll tell you who is footing the bill. global oil markets bracing for volatility after europe banned all russian refined oil products but despite sanctions russian oil is still flowing in

and out of the country. madison alworth has the full story after this. ♪.

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♪. stuart: okay. the dow is down 200, the nasdaq is down 130. that's what the market is doing right now. and there is this, europe has impose ad ban on russian diesel fuel and other refined oil products. madison alworth with us. what exactly does the ban include, madison? >> reporter: stuart, the first part it prevents refined oil products from russia like diesel fuel going directly from the country to europe t place as price cap going on oil going to countries like india. that keeps price at pump reasonable and prevents russiakd therefore funding their war.

that is a move america made around a pierage. the reason why we have the ban you might fill up with russian oil when you go to the local pump. the reason being, india is one of russia's top customers since the invasion of ukraine. once the oil is refined into diesel in india the country of origin is now labeled as indian. meaning it can be purchased here in the u.s. in new york, around 89,000 perils a day come into our reports from india but more likely from russia and therefore goes into your tank. but analysts say, even with that around it seems to have aism pack on moscow. >> it is my opinion that the price cap has actually worked in an indirect way by forcing russia to deeply discount the price of their crude oil and refined products that they sell into the market, as they're now faced with a limited number of customers who have, if you will,

pricing power. >> reporter: now the impact of this latest eu ban and price cap might actually take some time to have effect. because many european businesses stocked up on russian imports in anticipation of the ban. but once that runs out, and, we see these fuel levels come down, prices at the pump are expected to go up as the demand for gas and diesel outpaces that supply. when it comes to impact, analysts believe that it will be felt most sharply here in the northeast because we are so import reliant and a lot of those trade routes will be rerouted to europe where they no longer have access to this russian december he is. stuart. stuart: price goes up. madison, thank you very much. we'll see you soon. the defense minister in ukraine is expecting the west to help with warplanes. ashley, i want to know which warplanes, how many, and from where? ashley: yeah, you and everyone

else including mr. putin. it is all very vague right now. fighter jets is all talked about. ukraine's foreign minister said kyiv already received everything from its wish-list to santa as they put it except planes. ukraine won support from baltic countries and poland in an effort to obtain western fighter jets, f-18s, we don't know. they are concerned that that that they could be drawn further into the conflict. ukraine says it needs the jets to challenge russia's air superiority. kremlin says western supply of increasingly sophisticated weapons, will only prolong the war. pretty standard stuff from the kremlin. canada, poland, germany, uk, u.s. announced they will supply tanks to ukraine. some will arrive today where they get training on them. stu? stuart: what is this about russia, iran planning to build a

new drone factory. >> reporter: this has been talked about, moscow and iran are moving towards the plan to build irrhinian designed factory in russia to produce drones. that is sign of growing relationship between two the countries has plenty of alarm bells going off in the west. it is believed the factory could produce 6,000 iranian designed drones in the next few years. for russia to use in its ongoing war against ukraine. iran, russia, have indeed strengthened ties following russia's invasion and last month took a key step toward linking their banking systems which boosts their cooperation all in the face of western sanctions, one way to try to get around it. stu? stuart: drones are very important today in warfare, are they not? ashley: they are. stuart: ashley thank you. china owns nearly half a million acres of farmland in america. many of the properties are close to our military bases. should we ban beijing from buying up our farms?

kt mcfarland deals with that in a moment. egg prices soared to historically eye i high level. one farmer is trying to keep the prices down. the owner of little roddy farms is with us next. ♪.

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golo's a lifestyle change and you make the change and it stays off. (soft music) ♪. stuart: most of the big tech stocks are down this morning. apple is off at 152, amazon 101. small gain for meta. pretty much, the big problem for big tech this morning is the yield on the 10-year treasury. when that yield goes up big tech takes a hit and that yield is going up this morning. we now have it at 3.62%. i keep saying this, but this time last week we were down below 3.40. when you have that kind of a big move up you have a response on the stock market and response is big tech down. next case. we found an egg farm in rhode island working hard to keep egg prices down. eli is the owner of little roddy farms, the largest chicken farm in rhode island and he joins me now.

eli, i thought the problem with the egg market was the bird flu. that is what is pushing prices up, isn't it? >> that is correct. the flu in past years would come in the spring, back in 2015 when it occurred, as the it passes birds migrate north, it would disappear. they came back south, weren't still carrying virus. this past year they carried it year-round. so presently the concern is, it is still affecting farms throughout the country. people are concerned about it. it just hasn't gone away. as we get into the spring, we're afraid that will come back again. stuart: there is not much you can do about it is there? there may be other things you can do to keep egg prices stable but you can't do much about bird flu. >> that's it. supply and demand. it's a commodity. when you kill 40 or 50 million birds, you create a shortage of eggs right there. when demand increases it gets even worse. stuart: is there any way to get

insurance on bird through. >> i wish. we had ourselves here in 2001. we almost went one of business that. we changed our business model. we have chickens, eggs, process them get them to stores on a daily basis. we're more a distributor of grocery items to protect ourselves. it is still 60% of our business the egg part of it. because this is such a concern that we have with the bird flu we can't take those kind of chances anymore. stuart: but i believe that egg prices recently have started to come down just a little, if i'm not mistaken? >> that's correct. so what happens typically you know the you kill birds off to replace them. to replace those flocks of birds that have been destroyed or taken care of, it takes five 1/2 months. until other new birds come into production t takes awhile for that to kind of ramp up again. the industry is good about

making enough eggs and providing customers protein products. stuart: i want to tell you a quick story. one of our producers here in new york city, went to a diner over the weekend. asked for one extra egg, whichever dish he or she was eating that charge for one extra egg, $4. okay? i just thought i would tell you. >> $4? wow. stuart: you would like to get a price like that, wouldn't you? >> absolutely. [laughter]. that would be really good. stuart: eli, thanks for coming on the show. we wish you best of luck with the farm. >> appreciate it, thank you. stuart: the administration wants to reduce the amount of sugar in school meals. what are they doing? lauren: this would be a first for the usda to address sugar could not tent in school meals. they also want to cut salt. i say this with the face, kids don't want to eat cardboard. you make sure that the kids will eat food they're serving. if the change happens it will

take a couple years to go into effect. sugar cut from 17% to 10% by the fall of 2027. added sugar in meals would have to be 10% or less of total calories. salt, cut it by 30% by 2029. we have want kids to eat healthier. childhood obesity is the problem. so is the cost. school districts are saying we have a hard time such as it is getting meals to the current standards. you want us to do even more. i go back to what i first said, you want kids to eat what they're serving them. stuart: the waste at schools is dreadful. lauren: many parents get extra money after the official lunch they can buy a snack if they want. parents can control it also. stuart: still head, minnesota congressman tom emmer, steve forbes, kt mcfarland and douglas murray. universities across the country are imposing a political straitjacket on their students. increasingly the students have to demonstrate a commitment to

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