Pork Supply Shrinks to Lowest Since 1975 on Drought

Pork Supply Shrinks to Lowest Since 1975 on Drought

Daniel Acker/Bloomberg

Crop damage from the worst U.S. drought since 1956 sent corn-feed prices surging to a record last month and may mean losses of about $44 a head for hog farmers in the fourth quarter, the most since 1998, Purdue University estimates.