Mid-States Beef Is a Commercial Feedlot Business

Multiple Choice

Mid-States Beef is a commercial feedlot business.Currently,the company has over 10,000 cattle in feedlots.Mid-States is concerned that the price of corn,the grain fed to the cattle,will increase significantly.The risk that the price of corn may increase and harm the profitability of Mid-States Beef's operations is a(n)

A) currency exchange rate risk.
B) property risk.
C) commodity price risk.
D) interest rate risk.