Oddly, this shortage isn’t coming on the heels of restaurant chains across the world adding copious amounts of bacon to nearly every dish on their menus. Rather, the issue is economic: the ever-rising prices of pig feed are making the business of pig farming a tougher one to manage. The NPA has launched a “Save Our Bacon” campaign to convince consumers to purchase local bacon, a show of solidarity to persuade supermarket chains to stock the homegrown meat and pay farmers a higher price. Sow herds have been shrinking across Europe for the last 12 months. Numbers show that Italian herds are down 13 percent, Sweden 7 percent and Ireland 6 percent.
The NPA says that declining herds dropping slaughtering rates by even just 2 percent cause prices to increase 10 percent on store shelves the next year. The association anticipates a 10 percent drop in slaughter rates, potentially doubling the cost for pork across Europe. The issue isn’t reserved to just Europe. In the U.S., the government has created a pork-buying program to ensure pig farmers don’t go under.
Even China has added more pork to its cold storage, an insurance against a potential shortage or spiking prices. As the pork warning signs start coming, consumers won’t likely notice anything for at least six months, as the higher prices filter through the supply chain. With that delay, expect pork shortages and bacon hoarding to get even more intense over the next few months. There’s never a dull day in the world of bacon
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