hog cycles

hog cycles

cycles of over- and underproduction of goods because of time lags in the production process. Such cycles often occur with agricultural products such as pork where high prices one year cause pig farmers to breed extra pigs, leading to oversupply and low prices in the following years. See COBWEB THEOREM.
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Fitch continues to view HDFS as an integral part of HOG which provides necessary financing for the purchase of HOG cycles.
Fitch continues to view HDFS as an integral part of HOG by providing necessary financing for the purchase of HOG cycles.