This meant that farmers had to supply more wheat to buy a new tractor for example.
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Yes, it is true that one farmer ploughing up another 500 acres of Nebraska does indeed change the supply of wheat and thus the prices of wheat around the globe.
What they were regulating was the supply of wheat.
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The Court agreed that his wheat production, along with the production of other individual wheat farmers, could affect the national wheat supply.
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He encouraged farmers to plant five acres of wheat to supply flour to the local hotel, but he and some friends soon realized that the best value-added idea for the wheat was in a bottle of spirits.
In other words, the problem with corn, wheat, and soybean prices is the consequence of a supply shock, not a structural move in demand.
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Supply issues are also a factor, as has been the case with wheat, which has rallied since early July.
Examples cited in the announcement include the presence of substances new to the food supply, allergens presented in an unusual or unexpected way (such as a peanut protein in wheat) or increased levels of toxins found normally in foods.
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The purity of the supply and demand equation in the muni market and its resulting reflection on interest rate levels is where the wheat will be separated from the chaff and what investors need to embrace as their new bellwether.
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The workers needed a stable food supply, and the area was rich in wild species like aurochs and einkorn, one of the ancestors of domesticated wheat.
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