Higher percentage: ethanol in gas, hogs sent to market
There’s a new kind of gas on the market, with more ethanol in it than the gas we usually put in our cars. That’s beneficial for corn farmers who grow the corn that ethanol is made from and want more of it in your gas. But while the ethanol industry fought for years to bring this fuel to the market, now that they’ve won… good luck finding it. Even in Corn Country, pickings are slim.
The recent high temperatures and lack of water has been a bad combination for many this summer. Indeed even consumers are feeling the effects at the grocery store. And thanks to the drought, livestock feed is low and more hogs have been shipped off to market. That's affecting pork prices now and will in the future.