This paper uses a new market analysis methodology to examine price and trade relationships in eight Pacific Rim factor and product markets central to the Canadian and U.S. pork industries. The new method enables direct estimation of the frequency with which a variety of market conditions occur,...

Why might citizens vote against redistributive policies from which they would seem to benefit? Many scholars focus on "wedge" issues such as religion or race, but another explanation might be geographically-based patronage or pork. We examine the tension between redistribution and patronage with...

This study examines the motivation behind contracts and vertical integration in the pork industry and simulates the effects of potential improvements in coordination. Incentives related to lowering costs of measuring and sorting hogs, and protecting against opportunistic behavior associated with...

The impact of lags in the production and marketing of agricultural products on the degree of exchange rate pass-through in export prices is investigated. The predictions of the theoretical model are tested by investigating Canadian pork export prices in the United States and Japan. The empirical...

On January 8, 2021, China's first live-animal and live-delivery futures product—in live hogs—was listed on the Dalian Commodity Exchange (DCE) to serve as a risk management tool. Our paper examines whether this newly-established market realized its primary functions of market quality, price...

In 2020, an antitrust lawsuit was filed against the Pork Integrators alleging a §1 Sherman Act violation. At the center of the Lawsuit, there is an alleged exchange of atomistic information about the Pork integrators’ operations using Agri Stats, Inc. as a clearinghouse. We use the Supreme...