Wheat surplus

The video discusses the challenges of managing a wheat surplus due to a bumper crop. It highlights the temporary storage solutions being used and the potential impact of future harvests on the surplus. The video also touches on the farmers' reluctance to reduce production levels.

What is the main issue caused by the large crop yield?

• Insufficient storage facilities

• Decreased demand for wheat

• Excessive storage costs

• Increased prices for wheat

What could happen if there is another large harvest in 1950?

• A reduction in wheat production

• A surplus of millions of bushels

• An increase in wheat exports

• A decrease in wheat prices

How many bushels were carried over from 1949?

• 1,000,000

• 2,000,000

• 500,000

• 3,000,000

What is the farmers' stance on production levels despite the surplus?

• They want to decrease production

• They want to increase production

• They insist on maintaining current production levels

• They are indifferent to production levels

What is a potential consequence of the surplus mentioned in the video?

• Increased government subsidies

• Higher wheat prices

• More investment in storage facilities

• Wheat being stored on the ground