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The CME Group specifications for their Lean Hogs futures specifies hog carcasses. At auction, hogs are sold by live weight - and because it's well known the average percentage of a live hog that becomes the various parts of a carcass, they can set the price at auction with reasonable certainty they'll get their money back.
What else can I help you with?
What is market price for pigs?
The market price for pigs can vary depending on factors such as breed, weight, and location. It is recommended to check with local livestock markets or online marketplaces for current pricing information.
How much is a sheep worth in meat?
The value of a sheep in terms of meat depends on the market price per pound of lamb or mutton. Typically, a sheep can yield around 45-60% of its live weight in meat. The value also varies based on the cut and quality of the meat.
How much can you sell a steer for?
How much you get for them depend on how much they weigh. You can sell them off hoof for a lower price or you can sell them on the rail, which you get money depending on how much the carcass weighs.
What is the value of a 10K zrw ring?
The value of a 10K zrw ring depends on various factors such as the weight of the ring, the quality and size of the zrw gemstone, and current market trends. It is recommended to consult with a jewelry appraiser or a reputable jeweler for an accurate valuation.
Developed the Theory of Price?
The Theory of Price refers to the economic concept that prices are determined by the intersection of supply and demand. It was developed by economists such as Adam Smith and Alfred Marshall, who emphasized how market forces interact to establish the equilibrium price. The theory also explores how factors like production costs, consumer preferences, and competition influence pricing in a market economy.
What does a company's market capitalization represent?
the price of a single share of stock
What determines the price of stock?
The market price of a share of stock is determined by the forces of demand and supply. Shares represent partitions in the ownership of a company.
How does a market force come about?
A market force comes about by creating the supply for a specific demand. The supply and demand represent the influence of buyers and sellers on the price and quantity of the goods and services provided by the market.
What happens on equilibrium price when the government impose tax on goods?
if there is equilibrium in the market and the govt. fixes the price then there would be the dead weight loss.
How does the S and P 500 market-weight its stocks?
Market weighting is determined by taking the number of shares of the outstanding stock of a company and multiplying it by its price.
What is the cost of 5pounds weight of gold bar?
The cost of a 5-pound weight of gold bars would depend on the current market price of gold per ounce and the purity of the gold. You would need to multiply the weight of the gold in pounds by its price per ounce to determine the total cost. The price of gold fluctuates daily based on market demand and supply.
When the market price is above equilibrium price the market price will be driven up by?
A
Is stock of crops are valued at cost price or market price?
market price
What is the market price for uncut 8 ct diamond?
You've given the carat weight, up to 60% of which can be lost in cutting. The market price depends on the broker you sell it to, and the criteria used in that transaction will be the colour and clarity of the raw stone.
What is market price for pigs?
The market price for pigs can vary depending on factors such as breed, weight, and location. It is recommended to check with local livestock markets or online marketplaces for current pricing information.
What do the points on a market supply curve represent?
Each point on a market supply curve denotes basically the same thing. Each point on the curve corresponds to the supply of something, but at a specific or given price.
What does the interaction of produce and consumer establish?
market price
