Question
You heard on the evening news that there has been an insect infestation that killed most of the wheat crops in the United States.
You heard on the evening news that there has been an insect infestation that killed most of the wheat crops in the United States. How will this news affect the supply of wheat and why? Name a few industries that will be impacted by this news, and explain how and why demand for their commodities will change. Name one industry that will penefit from this news, and explain in which way they will benefit and why.
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