Patience Paid in 2025: What the Pork Industry Learned This Year
Patience Paid in 2025: What the Pork Industry Learned This Year
Patience paid in the hog market in 2025, says Lee Schulz, chief economist at Ever.Ag. But he’s quick to point out that patience should not be confused with complacency.
“In economics, patience is measured as the rate of time preference,” he explains. “This concept reflects the trade-off a person makes between having something now versus having something later. A higher rate indicates a stronger preference for immediate rewards, while a lower rate signifies a greater willingness to wait for futur
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