Bacon Shortage on the Way?
Say it isn't so!
In a recent press release, the U.K.'s National Pig Association is warning that a "world shortage of pork and bacon next year is now unavoidable": "New data shows the European Union pig herd is declining at a significant rate, and this is a trend that is being mirrored around the world. Pig farmers have been plunged into loss by high pig-feed costs, caused by the global failure of maize and soya harvests. All main European pig-producing countries report shrinking sow herds." And the Financial Times reported that this past season's droughts in North America and Russia are to blame for the spike in prices for grain crops, which are used to feed animals.