Bacon Shortage Myth Exposed
While there's been plenty of talk in the media about a bacon shortage - National Pork Board Assistant Vice President of Communications Cindy Cunningham says bacon will not be scarce in the U.S. Cunningham says the amount of pork available per person in America will drop just slightly to 44.6-pounds next year. Today it stands at 46-pounds per person. The price of bacon - however - will likely be higher. The British National Pig Association is the trade group that warned a world shortage of pork and bacon next year is unavoidable. It is true that some farmers have thinned their herds in response to the increase in the cost of feeding pigs that has resulted from the summer's droughts. Smithfield Foods says the high grain prices likely will cause many hog farmers to cut production. American Farm Bureau Federation Economist John Anderson agrees pork supplies will decrease slightly - but says the idea of widespread shortages is overblown. So consumers won't have trouble finding bacon in the meat case - but they are likely to see higher prices.
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