Corn is the commodity king — the primary feed and cost input for cattle, hogs, poultry and dairy cows. Higher corn prices have halted livestock expansion plans and could prompt further producer cutbacks. Commodity prices have surged and plunged several times in recent months, but for the most part supply and demand fundamentals remain bullish for livestock and agricultural commodities. This is particularly true of corn, where old-crop supplies are record low, and a wet spring has ...
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