This year the weather smiled on us, and we made a good crop," said a wheat farmer in Manitoba. "But just as we made a good crop, the economic situation changed." This quotation brings to mind the saying, "If you are a farmer, the weather is always bad." Using economic theory, how would you explain that this saying might be true? What can you say about the elasticity of demand for wheat and what do you suppose happens to the farmers' total revenue if there is a bumper crop?