Corn-hog cycle
From Mises Wiki, the global repository of classical-liberal thought
In a corn-hog cycle, a large corn crop results in lower corn prices, causing farmers to increase their breeding and feeding of pigs which, when they mature and are sold as hogs, depress hog prices. Farmers then reduce their production of hogs which in turn reduces the demand for corn and thus the price of corn, and the cycle is then ready to repeat itself.[1]
References
- ↑ Percy L. Greaves, Jr. "Mises Made Easier ", 1974. Referenced 2014-06-30.
Links
- Pork cycle at Wikipedia
