(Bloomberg) -- Hog futures in Chicago rose to the
highest in more than a month as climbing corn prices threatened
to trim the size of the hog herd. Cattle futures also rose.
Prices for corn, the main ingredient in hog feed, have
climbed three straight weeks and are up 50 percent in the past
year on demand for corn-based ethanol. It takes about 12 bushels
of corn, or 670 pounds (304 kilograms), to fatten a 40-pound
feeder pig to a slaughter weight of 250 pounds.
Read more at Bloomberg Commodities News
highest in more than a month as climbing corn prices threatened
to trim the size of the hog herd. Cattle futures also rose.
Prices for corn, the main ingredient in hog feed, have
climbed three straight weeks and are up 50 percent in the past
year on demand for corn-based ethanol. It takes about 12 bushels
of corn, or 670 pounds (304 kilograms), to fatten a 40-pound
feeder pig to a slaughter weight of 250 pounds.
Read more at Bloomberg Commodities News
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