Iowa’s Ag Secretary says it’s unclear what the possibility of record corn and soybean crops would do to hog prices. Northey says low grain prices have historically meant low pork prices, because inexpensive feed can lead to overproduction. He says what hurt the hog market last year was a major jump in grain prices…which in turn caused a sudden increase in feed costs…which was too much for the industry to absorb. To hear more from Northey listen to KCII’s Special Edition News Magazine today at 1:00 and 6:00 pm. It’s the third in a five part series in honor of National Pork Month.
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