(Bloomberg) -- Hog futures in Chicago fell to the
lowest in more than three months as corn prices plunged,
reducing the likelihood that farmers will thin herds to save on
feed costs. Cattle prices were little changed.
Corn has fallen 16 percent in the past two weeks, or about
68 cents a bushel. It takes about 12 bushels, 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
lowest in more than three months as corn prices plunged,
reducing the likelihood that farmers will thin herds to save on
feed costs. Cattle prices were little changed.
Corn has fallen 16 percent in the past two weeks, or about
68 cents a bushel. It takes about 12 bushels, 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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