As hog prices drop, low feed costs are key to profit

Hog farmers are expanding their herds following the record-high market prices of 2014. Production is forecast to rise by 7 percent this year, a surge that is driving down hog prices. Economist Chris Hurt of Purdue says the average cost of production is $51 per 100 pounds of hog, while hog prices are expected to… » Read More

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