Vocabulary
The state of being scarce: a shortage
Scarcity
Your corn farm is in a drought does this harm or benefit your farm?
harm
If I have a SURPLUS of something, the demand goes ____
Down
If ethanol mandates and biofuel policies are being demanded then corn demand will ______ (increase or decrease)
increase
Which US state is the largest producer of corn?
Iowa
Send goods to another country for sale
Export
Your farm just got some rain yesterday does this harm or benefit it?
Benefit
If I have a SHORTAGE of something then the demand goes_____
Up
With trade agreements there will be a (strong or weak) market for corn
Strong
What is another name for corn?
An area where commercial dealings happen
Market
It has rained every day for a week does this harm or benefit your farm?
harm
If favorable weather conditions improve corn yield (amount of corn produced per acre) then the supply of corn ____ (increases or decreases) leading to lower prices.
Increases
If ethanol mandates are reduced then there will be a _____ (lower or higher) demand for corn
lower
Which country grows the most corn in the world?
The United States
Ethanol
The temperature is between 71 and 90 degrees would this harm or help the corn grow?
help
If the demand for ethanol rises then demand for corn _____ (increases or decreases) leading to higher prices
Increases
help them sell more corn
What is an ear of corn?
The part of a corn plant that contains kernels, and is protected by a husk
The wealth and resources of a country or region
Economy
The temperature the past few weeks has been 95 degrees. Is this type of weather good for corn farming or bad for corn farming?
Bad
Corn is scarce this year due to heavy rainfall. This means the supply of corn is limited. What will happen to the demand of corn?
Increase
If bigger farms get more money than smaller farms would that make it harder or easier for small farms to compete?
Harder
Where did corn first start growing?
Central America and Mexico