There is an extraordinary sympathy between the corn and hog industries. True it is that we feed almost as much corn to our horses as we do to our hogs, but the corn which we feed to horses is for the purpose of keeping the farm plant running. The corn fed to horses does not bring in direct cash returns in the same way as the corn fed to hogs. Nearly one-third of all our corn is fed to hogs, and from the standpoint of market strategy, this third which is fed to hogs counts more than the other two-thirds. The demand for the other two-thirds by horses and cattle and by the grist mills of the towns and cities is practically stationary from one year to the next. It is the corn which is fed to hogs that varies so greatly from one year to the next. For the first ten months of 1919, the value of the pork products exported from the United States was $778,000,000, or about one-eighth of the value of all the exports from the United States for this period. The only other product of practically equal magnitude with pork products was cotton, with a total value of $775,000,000 for the first ten months of 1919. Wheat and wheat flour, which most people think rank decidedly above the value of pork products, totaled during this period $556,000,000. Corn and corn meal exports during this period were worth an insignificant $15,000,000. Of course we are now exporting more pork products than ever before in history, but even before the war the corn belt expressed itself in international trade pre-eminently thru its exports of pork products. The ham, bacon and lard of the corn belt are comparable with the wheat of the northwest and the cotton of the south. Before the war, we exported every year the equivalent of about five or six million hogs. Last year we exported the equivalent of thirteen or fourteen million hogs, nearly one-fifth of our total production. Exports dropped off during September, October and November, but this is a customary seasonal occurrence, and there is now the prospect of a resumption of a tremendous exportation of hog products during the winter and early summer.