Why the drought will lead to a rise in the price of bread

Reference no: EM131298632

Pricier bread and cereal. Coming soon? Wheat and corn prices surged last week and could hit the items in your grocery basket by mid-summer. It's a case of two extremes: drought in parts of the United States and in Europe have sparked fears of a supply crunch of wheat, while supplies of corn are being threatened by flooding and heavy rain in the Midwest.
Explain why the drought will lead to a rise in the price of bread.

Reference no: EM131298632

Questions Cloud

Write a query statement to show all data records : Use the customers table inside of the salesordersexample database, and write a query statement to show all data records of the customers table.

Discuss how the actions of the federal reserve : Discuss how the actions of the Federal Reserve, specifically an increase or decrease in money supply, affect the other variables represented in the IS/LM model. Is this model a useful tool in setting U.S. monetary policy? Why or why not? Argue and..

Explain as much as necessary to get the point across : Should a company ever produce a good or service if the managers know it will lose money? Why or why not. Provide examples to support your response. Explain as much as necessary to get the point across.

Prepare a cash budget for october : Compute Profit Margin Ratio, Asset Turnover Ratio and ROI for this division of Atkinson Company - Discuss briefly about some of the advantages and disadvantages of ROI as a measure of divisional performance

Why the drought will lead to a rise in the price of bread : Explain why the drought will lead to a rise in the price of bread.

Antitrust legislation in the us summarize key points : Go to the internet and find a news article (from 2015/2016 only) that discusses antitrust legislation in the U.S, summarize key points, and reference textbook material in support of your summary, and post in the Discussions area.

Show its effect on the price of cereals : It's a case of two extremes: drought in parts of the United States and in Europe have sparked fears of a supply crunch of wheat, while supplies of corn are being threatened by flooding and heavy rain in the Midwest.

Examine alternatives and select best alternative for company : Examine the alternatives and select the best alternative for this company. Include your rationale for selecting this over the others and discuss the implementation process.

Firm profit-maximizing level of output : The firm estimates the probability of the new regulation being enforced is 0.5. Find the firm's profit-maximizing level of output. Round your answer to one decimal.

User Account

All Pages