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Journal cover: British Food Journal

British Food Journal

ISSN: 0007-070X

Online from: 1899

Subject Area: Industry and Public Sector Management

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The UK pig cycle: a spectral analysis


Document Information:
Title:The UK pig cycle: a spectral analysis
Author(s):Philip John Dawson, (School of Agriculture, Food and Rural Development, Newcastle University, Newcastle upon Tyne, UK)
Citation:Philip John Dawson, (2009) "The UK pig cycle: a spectral analysis", British Food Journal, Vol. 111 Iss: 11, pp.1237 - 1247
Keywords:Livestock, Production management, United Kingdom
Article type:Research paper
DOI:10.1108/00070700911001059 (Permanent URL)
Publisher:Emerald Group Publishing Limited
Acknowledgements:The author is grateful to David Harvey, Tim Purcell and two anonymous referees for comments on a previous draft of the paper.
Abstract:

Purpose – The purpose of this paper is to identify cyclical patterns in the prices and production of UK pigmeat, 1989-2008.

Design/methodology/approach – The approach takes the form of spectral analysis.

Findings – Results show evidence of both annual and seasonal cycles, but there is little evidence of a three-to-four-year cycle. The likely cause of the latter's absence is increasing imports and a changing market structure.

Practical implications – Conventional wisdom is that the traditional pig cycle is of three-to-four years' duration and the UK's pig policy is based partly on its existence and that the design and implementation of UK pig policy are predicated on the basis of a traditional cycle is misplaced.

Originality/value – No previous or recent empirical investigation of the UK pig cycle exists, perhaps because its existence is considered to be axiomatic.



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