The relationship among market-hog, carcass, and wholesale-cut prices
Garry L. Keeler, MS; Michael R. Langemeier, MS, PhD; Michael D.Tokach, MS, PhD; Robert D. Goodband, MS, PhD; and JamesL. Nelssen, MS, PhD
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We used weekly data collected from January 1987 to December 1992 to examine the relationship among market hog, carcass, and wholesale-cut prices and their seasonality. Market hog and carcass prices followed a similar seasonal pattern over the study period.The seasonal pattern of prices for the individual wholesale cuts differed somewhat from the seasonal pattern of market hog and carcass prices. Loin prices declined to a greater degree in November and December. Ham prices reached seasonal peaks during the Thanksgiving and Christmas seasons. The price of bellies was relatively higher than average during the first 3 months of the year. Sparerib prices reached seasonal peaks during the outdoor cooking season and were relatively lower than average compared to the other wholesale cuts during the last 3 months of the year. Market hog and carcass prices were highly correlated with wholesale-cut prices. Loins, Boston butts, and bellies were more highly correlated with market hog and carcass prices than the other two wholesale cuts.
Keywords: production, prices
Cite as: Keeler GL, Langemeier MR, Tokach MD. The relationship among market-hog, carcass, and wholesale-cut prices. J Swine Health Prod 1994;2(5):7-10.
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