TeachMeFinance.com - explain Hog-corn ratio (corn-hog ratio)
Hog-corn ratio (corn-hog ratio) The term 'Hog-corn ratio (corn-hog ratio) ' as it applies to the area of agriculture can be defined as ' Number of bushels of corn equal in value to 100 pounds of live hogs (feed ratio). Put another way, the price of hogs, per hundredweight, divided by the price of corn per bushel. Since corn is a major input cost to hog producers, the higher the price of hogs relative to corn, the more profit there is in feeding hogs'.
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