Pork plight looming: Worldwide bacon shortage ‘unavoidable’ after drought, pig farmers warn
Sep 25, 2012
As pig farms collapse across Canada, a U.K. pork group warned Tuesday that a global bacon shortage now appears “unavoidable.”
The National Pig Association, the chief pork advocate in the bacon-loving British Isles, warned that skyrocketing prices for soy and corn had already begun to dramatically shrink European pig herds, “a trend that is being mirrored around the world.”
The warning comes fewer than two weeks after Canada’s second- and fourth-largest pig producers filed for creditor protection, leaving as many as 1.5 million pigs in the balance.
“Producers are deciding that [pig farming] just isn’t sustainable, and deciding to empty their barns,” said Gary Stordy, spokesman with the Canadian Pork Council.
The culprit is the U.S. drought. Dry conditions in the midwest last summer affected nearly 90% of U.S. corn fields, instantly kicking up prices by as much as 50%.
You give me the right price, and I will produce as much bacon as you want