Thursday, June 25, 2020

Supply and Demand in the U.S. Essay - 275 Words

Supply and Demand in the U.S. (Essay Sample) Content: Supply and Demand in the U.SAuthorà ¢Ã¢â€š ¬s NameUniversity AffiliationSupply and Demand in the U.SAnalysis for Corn, Hogs and SoybeansIn the year 2011, the price of corn increased sharply, but fell slightly in the year 2012 and increased slightly, remained constant slightly. The price remained constant in 2013 but began to decrease sharply until 2014. Throughout the period 2011-2014, the price of corn has decreased.The price for hogs increased in 2011. The price fell in the year 2012, but remained constant, but later decreased sharply in 2013. In 2013, the price remained constant, fell a little and increased. Between 2013 and 2014, the price fell. In 2014, the price increased, fell slightly, and remained constant and increased. The price, however, decreased in the year 2014. As such, the price for hogs has increased.The price of soybeans increased in 2011, fell slightly in 2012, and increased sharply in the year 2013. Still, in 2013, the price remained constant bu t fell. In the year 2014, the price increased slightly and fell by the same margin. Through the period, the price of soybeans has generally increased (United States Department of Agriculture, 2010).Demand and SupplyAmericans consumer hogs, corn and soybeans differently, and price is the main factor, which shows the demand and supply of the products over the three-year period. An overview of the price of corn reveals a decrease in th...