Peak Pork: Hog Prices Defy Commodities Bust

Clusterstock:

The sudden collapse of oil prices has made people really quiet about peak oil and superspikes and various theories that were popular during the run-up. Part of the reason we were skeptical of these theories is that all commodities seemed to be running simultaneously, and we never heard people talking about peak copper or peak nickle. Anyway, it's time to transpose the argument to hogs, which are apparently defying the commodities bust:

Bloomberg: Christmas ham is about to get more expensive. A lot more.

Read the whole story: Clusterstock

Comments

[DanielRomens]

Of course pig product does well during the holidays, with many cooking Christmas Ham.

[Perry Clease]

I think I figured out this peak pork situation. They realized that sales of Spam were up because of the economy, and also because Obama is making it fashionable. Don't let them know that we are also eating beans or the price of that will go through the roof.

[Rule Of Law]

I used to love skirt steak (cow diaphragm) until some cooking show yahoo made fajitas the new in food. Now it's 7 bucks a pound and before they couldn't give it away.

[OlderBudWeiser]

Another Republican dupe. Oink Oink !

[Perry Clease]

I have heard that because of the economy some people in urban areas are starting to keep chickens. Maybe that would work with swine, feed them table scraps which would help keep garbage out of the landfills.

[OlderBudWeiser]

You might want to check your local ordinances first. But I agree with you 100% Got to keep the pen clean and no mud or they smell pretty bad. You can get some produce from grocery stores, day old bread cheap, etc. Been there, done that.

[Perry Clease]

Well my post was tongue in jowl, my San Diego neighborhood is not zoned for livestock. Some people here had pot bellied pigs when they were popular and as long as no one complained then they could keep them.

I do grow a lot of my own veggies and because my backyard gets too much shade the garden is in the front yard. In fact I still am harvesting a few tomatoes (yellow pear tomatoes) and chili peppers, but I think that will end soon for this season. Probably in a week or two I will pull the scraggly vines and prep the soil for planting after the the threat of frost has passed. I have enough weapons grade, crushed, hot red peppers to last me into summer.

When I was youngster we had two milk cows, but sold that milk. We got our milk from the goats we kept. We had some chickens and of course a vegetable garden and small orchard. Also we made enough maple syrup for own use. It was good a life and I was very happy then.

[BEHM777]

Time to make a run on pork. I MUST have my bacon!

I may even try this one day:

http://www.youtube.com/watch?v=ZfbTO0GlONU

[Budokan]

I had bacon for breakfast today. Sure was good.

[ashabot]

Once again, I am so glad I'm a vegetarian. Cheaper. Healthier. Compassionate.

[Rule Of Law]

Peak Pork:

Dateline Iowa: The International porcine market body the EIEIO, stated today that the current runup in pork prices is purely the product of market forces and supply and demand. In a prepared statement the EIEO stated, "The fact is, the Pork Producing States have just run out of room for more pigs. They're not Wall Street, you know?"

Responding to allegations of market manipulation and of ship loads of pork parked off the coast, Mr. Bacon, a spokesman for the Pork Producing States advocacy organization, S.W.I.N.E.--So What If Nobody Eats!--declared today that they have indeed reached Peak Production in Pork. "Those rumors were started by some of the radical left elements in our main competition, C.O.W.--Cattle Own the West! We're predicting rib shortages all across the South and Kansas City, and sausage shortages that will affect even Congress."

When asked to comment President Bush said, "So what!?" Vice President Cheney, in his usual conciliatory style, said that they "Can go stuff themselves!"

[WIpatriot]

Nice!

[Rule Of Law]

Thanks. Had you and Olephart in mind when I put it up!

[edva]

Look at the terror this poor being is experiencing, being shuffled about by his unconcerned executioners. No one deserves to suffer at the hands of the more powerful like this. Shame on us.

[treetracker]

Yes, the price of beef and chicken have both increased with the rising cost of oil - notice how the supermarkets never REDUCE prices after they've gone up? Now oil is cheap, but the high cost of beef and chicken have remained. Guess now the pork producers are going to get in on the act. Why should they get less money than the beef producers?

When most of us can't afford any of it anymore, the prices will come down when the meat is filling up the freezers at the distributors and they run out of room.

[AZterritory]

This is strange, the cheapest meat for months in our area has been pork, so we stocked up. We'll all be eating mac cheese soon anyway, thanks to Bush's buddies.

[BEHM777]

You can afford cheese?

[WIpatriot]

Comes free with the Mac.