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Jun 19th, 2017
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  1. 1.) Natural disasters, such as droughts and fires, have hurt lowered wheat supply. With a shift in the supply line to the left, prices have gone up.
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  10. 3.) As expectations of a low supply of wheat increased, demand increased among consumers and speculators, so prices increased.
  11. 4.) Cereal and Bread
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  20. 6.) The top 5 wheat producing countries are China, India, Russia, the United States, and France.
  21. 7.) Egypt and Saudi Arabia import wheat.
  22. 8.) A bumper crop refers to a particularly productive harvest yielded for a particular crop. This allowed the US to withstand a down year
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  35. 10.) No, the US should not ban exports, because they do not lack supply, and therefore can afford to ship out wheat supplies.
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