1. Markets - Supply and Demand
... for corn, wheat, and soybeans have dropped significantly according to the Agriculture Department. With price of corn per bushel expected to drop the most to the average price of $3.90, there will be reduced plantings. Wheat doesn't have a huge price drop, only dropping about 20 cents. Soybeans drop to $9.65 per bushel. Corn plantings are shown to be dropped by 1.5 million acres ... . So many farmers may withhold from the market part of corn, due to the expected drop in price. Farmers will switch some of their acres to soybeans, just to make themselves feel safe in the market, and not have...
- Word Count: 1008
- Approx Pages: 4
- Grade Level: High School