Some of those who raise hogs and cattle say the effects of this year's drought likely won't hit until next year.
Randy Crone, showing some of his 400 hogs at the state fair, says he's been using feed from last year -- but his costs will eventually go up.
"Feed costs over the next year are going to increase drastically," he says. "So if the price you're selling hogs for doesn't go up accordingly, you may be feeding them at a loss."
Crone says many hog breeders think about whether they should stay in the game under these circumstances, and some get out. When they do, Crone says the demand for market hogs will increase as the supply wanes.
(posted 11:08 p.m. 08/14/2012 by Alex Degman)