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Everything Hogs
1 years, 1 month ago
from Everything Hogs
"Bryan Doherty, senior market advisor for Stewart-Peterson, told host of U.S. Farm Report Tyne Morgan two things are driving the expansion. 'The increased packer capacity [is] part of it, but it’s the cheap grain,' he said. 'This is a window of time when you look at the relative price of corn to where it’s been the last decade, this is cheap for hog producers to buy and buy long-term feed.'"