Question: You're a commodity trader and you've just heard a report that the winter wheat harvest will be 2.09 billion bushels, a 44 percent jump, rather

You're a commodity trader and you've just heard a report that the winter wheat harvest will be 2.09 billion bushels, a 44 percent jump, rather than an expected 35 percent jump to 1.96 billion bushels. (Difficult)
a. What would you expect would happen to wheat prices?
b. Demonstrate graphically the effect you suggested in a.

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