Marketing and Markets 



387 



dominate on the market, particularly during July, August 

 and September ; and in the winter light weights predomi- 

 nate. In addition, the packer's demand is for heavy hogs 

 in winter and for light hogs in summer. The effect of 

 both supply and demand, therefore, is to cause light hogs 



THOUSANDS. 



LIGHT Moss 

 Hc/w 



'6.** 

 JAN. Fes. MAR. APR. MAY. JUNE. .Ji/z.v. AUG. 



*** 



OCT. Nov. DEC. 



FIG. 16. Curves showing the average monthly price of light and heavy 

 hogs on the Chicago market from 1905 to 1914. 



to sell at a premium during the summer, and heavy hogs 

 at a premium in the winter. 



The supply of hogs on the market for any month, how- 

 ever, is not the only factor influencing the price : the de- 

 mand for pork is also to be reckoned with. As a general 

 proposition, it may be said that consumption of pork is 

 heavier in winter than in summer. When the general 

 economic conditions are constant throughout the year, 

 and the price of pork normal, variations in demand and 



