US hog producers to import wheat
US hog producers are to import wheat from Britain and
Brazil due to the high cost of US corn and feed grain, said Don Butler,
spokesman for Murphy-Brown, the hog-raising unit of Smithfield Foods.
World's largest wheat exporter
The United States is the world's largest wheat exporter and it is rarely
economical to import feed grain. However, a dramatic drop in ocean freight has
made foreign wheat more economical than US supplies, Butler said.
first two vessels will arrive in Wilmington, North Carolina, in the first week
of December. The other shipments will arrive in January and February. Two
cargoes will be from Britain and one cargo from Brazil, which imported US wheat
earlier this year when supplies were not available from neighbouring
Wheat cargoes are normally 25,000 to 55,000 tonnes, depending
on the size of the vessel but the amount of wheat in each cargo was not
specified. "The shipment of wheat will offer us an alternative to very expensive
corn," Butler said. "I can't get into specifics but it's not an insignificant
Struggled against high feed prices
US meat producers have struggled this year with high prices for
feed and fuel and the inability to raise meat prices quickly enough given the
US corn Cc1 and wheat Wc1 prices hit record highs
earlier this year but prices have since fallen. US wheat, however, remains among
the most expensive in the world, with cheaper supplies available from both
Europe and the Black Sea region.
• Murphy Brown
• Smithfield Foods
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