Podcast
Questions and Answers
Which state was the top agricultural commodity-producing state in 2013?
Which state was the top agricultural commodity-producing state in 2013?
- Minnesota
- Nebraska
- Iowa
- California (correct)
What is the definition of a commodity in agriculture?
What is the definition of a commodity in agriculture?
- A raw material or unprocessed agricultural product (correct)
- Something that is bought and sold
- Something that is useful or valued
- Something that is produced in large quantities
Which of the following is NOT an agricultural commodity mentioned in the text?
Which of the following is NOT an agricultural commodity mentioned in the text?
- Barley
- Canola
- Cash-settled butter
- Spot call commodity (correct)
Which state is not among the top 10 agricultural commodity-producing states in 2013?
Which state is not among the top 10 agricultural commodity-producing states in 2013?
What are commodity markets primarily used for in agriculture?
What are commodity markets primarily used for in agriculture?
True or false: Agricultural commodities are only bought and sold through commodity markets.
True or false: Agricultural commodities are only bought and sold through commodity markets.
True or false: California is the top agricultural commodity-producing state in the United States.
True or false: California is the top agricultural commodity-producing state in the United States.
True or false: Cash-settled butter is an agricultural commodity mentioned in the text.
True or false: Cash-settled butter is an agricultural commodity mentioned in the text.
True or false: Iowa is the second top agricultural commodity-producing state in the United States.
True or false: Iowa is the second top agricultural commodity-producing state in the United States.
True or false: Feeder cattle is an agricultural commodity mentioned in the text.
True or false: Feeder cattle is an agricultural commodity mentioned in the text.