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Pricey Corn Has Farmers Feeding Wheat for Humans to Livestock

A Wheat Harvest As USDA Lowers Yield Forecasts
Photographer: Daniel Acker/Bloomberg

China’s expanding hog herd is vacuuming up the world’s feed grains and forcing traders to dip into wheat reserves, a crop that’s normally saved for humans to eat.

According to Archer-Daniels-Midland Co., one of the biggest agricultural traders, corn arriving in China will soon be more expensive than wheat.