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.