Go to the U. Department of Agriculture website at www.gov (Links to an external site.) Select Find Charts or Maps. Under Economics, select…

Go to the U.S. Department of Agriculture website at www.nass.usda.gov (Links to an external site.)Select Find Charts or Maps. Under Economics, select Agricultural Prices. Under Prices Received, select one farm product (e.g. Corn, Milk, Wheat, etc.).

Has the price of this product seen a general increase, or decrease, or has it remained constant over the past few years?

Compare your selected farm product to that of another classmate’s selection.  Do you think Supply increased more rapidly than demand over these years for your product? Or do you think demand increased more rapidly than supply? Explain.

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