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Livestock Eat More Wheat as Cheapest Corn Alternative Since 1996

Livestock producers in the U.S. are feeding more wheat to cattle, hogs and poultry after the grain became the cheapest relative to corn in 15 years.

Effingham Equity, a feed and farm-supply company based in Effingham, Illinois, will add wheat in its hog-feed rations for only the second time in at least 26 years, said Mark Tarter, the grains-department manager. The company also used wheat in 2008, the last time corn reached a record, he said.