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Livestock Prices Flashcards | StudBud
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Livestock Prices
Livestock Prices
8 terms
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StudBud Administration
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7 plays
Overview of livestock price determinants
Flashcards
8 cards
F
Practice quiz
P
Host live
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Questions
8
Answers
1
When supply is high relative to demand. . .
Price increases
Price decreases
2
What does the volatility of a market depend on?
How quickly we can change demand
Both
How quickly we can change supply
3
What is usually consistent in Ag commodities?
Demand
Supply
4
When supply is low relative to demand. . .
Price decreases
Price increases
5
What is more of a demand driven market due to different religious holidays?
Goat
Lamb and Goat
Cattle
Lamb
6
The hog market is much more volatile.
True
False
7
Which market is highly monopolized?
Lamb
Hogs
Chicken
Cattle
8
The cattle market was a very stable and secure market.
True
False
