Business / Agriculture / High-Fructose Corn Syrup (HFCS): Produced from converting to fructose a portion of naturally occurring glucose in starch produced from corn. A natural sweetener, HFCS production expanded during the 1980s as a substitute for higher-cost sugar used in soft drinks. HFCS-55 (55% fructose), which is as sweet as sugar, has almost completely replaced liquid sugar in beverages. HFCS-42 (42% fructose) is roughly 90% as sweet as sugar, and is mainly used in cereal, baking, dairy, and processed foods. HFCS and two other corn-derived sweeteners (glucose syrup and dextrose) accounted for approximately 55% of total U.S. natural (caloric) sweetener use in recent years.
Business / Agriculture / Hog-Corn Ratio (Corn-Hog Ratio): 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 MORE