Texas FFA Livestock Judging PracticeTest

In what month is the price of slaughter hogs usually at its peak?

1. May

2. July

3. October

4. December

The correct answer is: July

The price of slaughter hogs typically reaches its peak in July due to several market dynamics and seasonal trends. During this month, there is often increased consumer demand as summer events like outdoor barbecues and holidays promote higher pork consumption. Additionally, the supply of hogs can be lower during this time as producers may sell off fewer animals, leading to a reduction in availability which drives up prices. Seasonality plays a crucial role in agricultural markets, and for hogs, the combination of heightened demand during summer and potential supply constraints often results in the highest prices being recorded in July. This pattern can be attributed to both consumer behavior and production cycles within the livestock industry.