US Hog Market: Contract Sales Study
by Glenn Grimes and Professor Emeritus, University of Missouri and NPPC, March 12, 2001 - Most US hogs are sold under contract, with more than half being sold by a formula, according findings reported during the National Pork Industry Forum March 8 to 10 in Orlando, FL. Glenn Grimes, agricultural economist with the University of Missouri, surveyed 11 packing companies in early February, asking them to classify their purchases during January. The results of the study are detailed in this report.