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Seasonal Hog Price Patterns in North Dakota and the United States

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Title: Seasonal Hog Price Patterns in North Dakota and the United States
Author: Deschene, Paul D.; Petry, Timothy A.
Description: The hog/pork industry was characterized by years having definite seasonal production and pricing patterns. Hog production was becoming more capital intensive with large investment in facilities and equipment. The advent of environmentally controlled confinement production facilities would be expected to have a equalizing effect on seasonal fluctuations in production. The study addressed in this article was undertaken to determine if seasonal price patterns had changed due to the larger production facilities operating operating near full capacity throughout the year to cover high fixed costs. Four types of price variations associated with production over time may be identified as seasonal, trend, cyclical and random or irregular variation. Greater seasonal variations in hog prices were evident during during 1979-83 than 1956-60. Year round production and marketing of hogs actually had a greater fluctuation.
Date: 1986
Subject: Marketing
Permalink: http://hdl.handle.net/10365/6927

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