Illinois Pork Producers Association President Art Lehman says the current three-dollar-a-bushel corn and soybean meal prices around $300 per ton are adding raising feed costs for his hogs four to five dollars for every 100 pounds of animal.
Hog prices also are up, so the increase in expenses is offset some, but Lehman says he worries what will happen this fall.
If grain prices stay high and hog prices fall, it will, as he put it, "be a real pinch for a lot of people."
Illinois Beef Association President Curt Rincker says the higher feed prices will have producers looking hard at alternative feed sources, such as dry distillers' grains or soybean hulls.
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