Traditionally, hog production has been concentrated in the Corn Belt region of the United States. During the past decade, North Carolina has become an important hog production state and now ranks second only to Iowa. More recently, expansion in the U.S. hog industry has been in other...

Co-products of processing agricultural commodities are often marketed through private transaction rather than through public markets or those in which public transaction information is recorded or available. The resulting lack of historical price information prohibits the use of positive time...