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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 . [2]
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 ]
Just prior to the announcement, four poultry industry executives were indicted for conspiracy to engage in price fixing. [177] In October 2020, Pilgrim's Pride agreed to a plea agreement and a settlement of $110 million. [179] In March 2021, Tyson agreed to pay $221.5 million to poultry buyers to settle the price-fixing claims. [180]
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Hog oiler collectors come from all locations and ages, some as young as 11 years old. [4] Generally the "hog belt" of the upper Midwest provides the majority of hog oiler finds today—states such as Iowa, Illinois, Indiana, Nebraska and parts of Kansas and Missouri. Prices paid by collectors can vary widely, based on size, functions, and ...
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Pig, hog, or swine, the species as a whole, or any member of it. The singular of "swine" is the same as the plural. Shoat (or shote), piglet, or (where the species is called "hog") pig, unweaned young pig, or any immature pig [23] Sucker, a pig between birth and weaning; Weaner, a young pig recently separated from the sow