In economics, the term pork cycle, hog cycle, or cattle cycle describes the phenomenon of cyclical fluctuations of supply and prices in markets. It was first observed in 1925 in the pig market in the US by Mordecai Ezekiel and in Europe in 1927 by the German scholar Arthur Hanau.
In economics, the term pork cycle, hog cycle, or cattle cycle describes the phenomenon of cyclical fluctuations of supply and prices in markets. It was first observed in 1925 in the pig market in the US by Mordecai Ezekiel and in Europe in 1927 by the German scholar Arthur Hanau.
Source: Wikipedia "Pork cycle" · CC BY-SA 4.0
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