In 2007 and 2008, the sharp increase in the price of soybeans reflected primarily

A. the increased demand for corn needed to produce ethanol.
B. an unseasonably warm spring in the soybean-producing states of Indiana, Illinois, and Iowa.
C. government cash subsidies to soybean producers per ton harvested.
D. increased use of advanced fertilizers by soybean producers.


Answer: A

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