FBLA AGRIBUSINESS – TEST
2026/2027 ACTUAL QUESTIONS
WITH VERIFIED ANSWERS.
1. Specialization in the production of crops and/or livestock
general results in: - correct answer-increases returns and
increased risk
2. The government agency that regulates drainage of cattle
yards and protects wetlands is the - correct answer-EPA
3. It means the establishment of standards for matters such as
quality, size, weight and color; and once these are set it uses
the criteria established in the standards. - correct answer-
standardization and grading
4. Cattle on feed should be marketed when: - correct answer-
their marginal cost of gain is no longer below their selling
price
, 5. Agricultural marketing is a series of inter-connected activities
such as planning production, growing and harvesting,
grading, packing, transport, storage, agro- and ___________
distribution and sale. - correct answer-food processing
6. Organic farmers aim to sell their product to health-conscious
consumers. The health-conscious are a - correct answer-
niche market
7. Recent trends have seen the rise of a growing interest in
contract farming and what? - correct answer-supermarkets
8. If you estimate your local cash price will be $.15 under the
future price at the time you deliver you corn, the approximate
net selling price you can lock in by selling a futures contract
at $8.50 is - correct answer-$8.35
9. In what state did irrigation increase the corn yield by 400 to
500% from 1940 to 1997 - correct answer-Colorado
10. Which agricultural commodity must be imported to the
United States? - correct answer-coffee
2026/2027 ACTUAL QUESTIONS
WITH VERIFIED ANSWERS.
1. Specialization in the production of crops and/or livestock
general results in: - correct answer-increases returns and
increased risk
2. The government agency that regulates drainage of cattle
yards and protects wetlands is the - correct answer-EPA
3. It means the establishment of standards for matters such as
quality, size, weight and color; and once these are set it uses
the criteria established in the standards. - correct answer-
standardization and grading
4. Cattle on feed should be marketed when: - correct answer-
their marginal cost of gain is no longer below their selling
price
, 5. Agricultural marketing is a series of inter-connected activities
such as planning production, growing and harvesting,
grading, packing, transport, storage, agro- and ___________
distribution and sale. - correct answer-food processing
6. Organic farmers aim to sell their product to health-conscious
consumers. The health-conscious are a - correct answer-
niche market
7. Recent trends have seen the rise of a growing interest in
contract farming and what? - correct answer-supermarkets
8. If you estimate your local cash price will be $.15 under the
future price at the time you deliver you corn, the approximate
net selling price you can lock in by selling a futures contract
at $8.50 is - correct answer-$8.35
9. In what state did irrigation increase the corn yield by 400 to
500% from 1940 to 1997 - correct answer-Colorado
10. Which agricultural commodity must be imported to the
United States? - correct answer-coffee
