BUSINESS
01/22/2009 05:12 am ET Updated May 25, 2011

Peak Pork: Hog Prices Defy Commodities Bust

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.

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