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[2]: 629 [3] Meat from this breed may be marketed under the brand name "Kurobuta", meaning "black pig". [2]: 629 Pork from Kagoshima Berkshire pigs constitutes approximately 2% of the total annual production in Japan. The meat is considered tender and flavoursome; it is a premium product, in demand throughout the country.
The Japanese Kagoshima Berkshire, which apparently derives from two British Berkshire pigs imported to Japan in the 1930s, is considered a separate breed; [5]: 629 the meat may be marketed as Kurobuta pork, and can command a premium price. [5]: 551
Lean Hog is a type of hog futures contract that can be used to hedge and to speculate on pork prices in the US. Lean Hog futures and options are traded on the Chicago Mercantile Exchange (CME), which introduced Lean Hog futures contracts in 1966. [ 1 ]
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The national checkoff began in 1986 with a rate of 0.25% (25 cents per $100) that was increased to 0.35% in 1991, and to 0.45% in 1995. [6] As of 2017, the checkoff rate was 0.40% — 40 cents for every $100 at market rate — of the value of all pork products manufactured in the United States or imported into the country. [3]
JBS USA Holdings, Inc. is a meat processing company and a wholly owned subsidiary of the Brazilian multinational JBS S.A. The subsidiary was created when JBS entered the U.S. market in 2007 with its purchase of Swift & Company.