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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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