July 15, 2011 11:35 pm
No future for Chicago pork belly contracts
By Gregory Meyer in New York
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Since then, the bacon business has changed, with consumers eating more year-round, requiring less need for cold storage and so less need to hedge the frozen meat for sale in summertime.
“People don’t put bellies into storage the way that they did. It’s all fresh bellies these days,” Mr Lothian said.
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Guess the free market moves on.
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