Search results
Results from the WOW.Com Content Network
In economics, the term pork cycle, hog cycle, or cattle cycle [1] describes the phenomenon of cyclical fluctuations of supply and prices in livestock markets. It was first observed in 1925 in pig markets in the US by Mordecai Ezekiel and in Europe in 1927 by the German scholar Arthur Hanau [ de ] .
Lean Hog is a type of hog futures contract that can be used to hedge and to speculate on pork prices in the US. Lean Hog futures and options are traded on the Chicago Mercantile Exchange (CME), which introduced Lean Hog futures contracts in 1966. [ 1 ]
In 1990, approximately 25 percent of U.S. market hogs were purchased on a carcass merit system that differentiated price based on lean content. The differentials varied, and there was a scarcity of data to indicate whether the price spread was sufficient between good and poor quality pigs. [1]
The AOL.com video experience serves up the best video content from AOL and around the web, curating informative and entertaining snackable videos.
For example, in pig farming, the hog/corn ratio is the number of bushels of corn equal in value to 100 pounds of live hogs. Put another way, it is the price of hogs, per hundredweight, divided by the price of corn per bushel. Since corn is a major input cost to hog producers, the higher the price of hogs relative to corn, the more profit there ...
Pig farming, pork farming, or hog farming is the raising and breeding of domestic pigs as livestock, and is a branch of animal husbandry. Pigs are farmed principally for food (e.g. pork : bacon , ham , gammon ) and skins .
Inaugurated on August 18, 1961, on the Chicago Mercantile Exchange (CME), frozen pork belly futures were developed as a risk management device to meet the needs of meat packers who processed pork and had to contend with volatile hog prices, as well as price risks on processed products held in inventory.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!