Market Matters Blog
Katie Micik DTN Markets Editor

Wednesday 02/26/14

PED Virus Could Trim Corn Consumption
There's no doubt PED virus is front and center for pork producers, but should corn growers be concerned?[Read Full Blog Post]
Posted at 4:11PM CST 02/26/14 by Katie Micik | Post a Comment
Comments (1)
Purdue in their presentation are projecting a 3.7% drop in the number of head going to market. They also show a 0.9% increase in pork production. The higher production comes from higher slaughter weights. They estimate the futures market is expecting a 3.1% decline in pork supplies. Hogs are less efficient users of feed as they become heavier. So from Purdueâ?™s own projections they should expect corn use to increase. The economics will drive any additional increase in slaughter weights. Should available floor space be used for heavier hogs, the lower feed efficiency of heavier hog will consume more feed than if production; in number of head, had not dropped. Freeport, IL
Posted by Freeport IL at 1:01AM CST 02/28/14
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