Resulting from drought, farmers are unable to afford soaring feed costs and are cutting back on the production and slaughtering of pigs across Europe and the US.
This article titled “Pork and bacon shortage ‘unavoidable’ as record drought raises feed costs” was written by Dominic Rushe, for guardian.co.uk on Tuesday 25th September 2012 17.07 UTC
Record droughts in the US and Russia are threatening to curtail the world’s bacon supply, farmers in the US and Europe are warning.
So dire is the situation that a world shortage of pork and bacon is “unavoidable” next year, according to Britain’s National Pig Association. And in the US farmers predict pork prices will hit new highs in 2013 as farmers cut back on production due to soaring feed costs.