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Loss scenario: Crop Harvested Acres Yield Total Production (bu.) Market Price Total Revenue Soybeans 300 40 12,000 $10.25 $123,000 Using the example above, calculate the

Loss scenario:

Crop

Harvested Acres

Yield

Total Production (bu.)

Market Price

Total Revenue

Soybeans

300

40

12,000

$10.25

$123,000

Using the example above, calculate the level of loss if production fell by 10%, 20%, and 50%

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