Word: leanings
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Swine flu, recently renamed H1N1 virus, is causing a swoon in pork prices. The Lean Hogs futures contract, traded on the Chicago Mercantile Exchange (CME), is down more than 10% since news of the potentially imminent pandemic first broke. The CME's Frozen Pork Bellies futures contract has suffered comparable losses...
...Lean Hogs futures market on the CME is certainly the most liquid and transparent market related to the pork industry, but it can be buffeted by things other than the demand for pork. As hog prices fall, for instance, producers might take on short positions as a hedge, essentially locking in a price for their pigs before the market collapses even further. By taking on that short position, though, they are adding to the downward pressure on hog prices...
With clever gizmos like that one, Zojirushi has fashioned itself as the Nintendo of kitchen gadgetry. Both companies have crushed much larger competitors in narrow markets where their engineering talent has yielded marketable product improvements. And both have remained lean - with about 5,000 employees between them and small, stable management teams. Both have leaned heavily on slick industrial design. And just as Nintendo has become hip again with its underdog approach to video-game design, Zojirushi has been brewing up its own cult following with its sleekly crafted gizmos...
...countries invested heavily, and have assets, subsidiaries or delocalized production in the new member states," says George Dura, a researcher at the Brussels-based Center for European Policy Studies. "It's unfair and selfish to regret a decision when times are lean, but to reel in the profits in good times. The old E.U. countries, who are partly responsible for the economic downturn, need to show more solidarity with their poorer neighbors...
...Today, roo meat is sold as everything from sausage filling in Russia to a high-end game meat served in Australia's best restaurants. "It's a sweeter meat that has no visible fat marbling. It's very lean," says Ray Mauger, executive chef at Adelaide's Red Ochre Grill, which has been serving it since the 1980s. Kangaroos are mostly harvested in the wild for population control, hunted at night by licensed shooters who sell to processing plants. Only four out of 55 kangaroo species can be culled for commercial use. In 2002, the national quota...