Since all farmers will have a surplus, the market will be flooded and the price of wheat will decline.
This is a test question you need to answer. We don't do your homework.
The Mesopotamians traded surplus wheat and barley.
Glass was traded as a surplus. They traded it for stone and wood
Bulgaria has a vast area of fertile, plain land (Danube plain) and good plain in Dobruja. Here Bulgaria grows it wheat. Wheat is surplus in the country and Bulgaria exports the surplus.
Because of the amount of soil and the depth of it, wheat is grown there. And also because the temperature is such perfect conditions for the wheat...
In March 2012 the price of wheat was $260 for 1 metric ton
surplus
The prairies are known as the granaries of the world because of the '''''surplus wheat production.'''''
It depends on what the price ceiling amount is set to. If it is high, then sellers may set prices at that and then the demand will fall. Whereas it could be a good thing, as it would prevent the price increasing by a large amount and being set too high, which would mean the demand for wheat would increase.
Guessing from the name, it most likely is mold that lives on wheat.
Government of Pakistan always set a minimum price level of wheat to support the farmers from disheartening. Means that if the farmer is getting less price for its wheat crop in the open market. He may sell his wheat to government of Pakistan at a high price which set by the government.