Pig Shortage 2013: Bacon Costs Are About to Double, Everyone. Be Afraid.
A day no pigs would fry.
Ladies and gentlemen, this is what they Mayans were talking about when they said the world was ending: in 2013, there's going to be an unavoidable shortage of all pig products. And yes, that means pork belly and bacon.
According to a statement released last week, and rapidly gaining popularity today, Britain's National Pig Association claims that a global shortage of pork and bacon products next year is "now unavoidable," but that British supermarkets can do their part to "protect consumers from shortages and steep price rises" provided that "they pay Britain's loss-making pig farmers a fair price, to help them remain in production."
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Something smells like conspiracy, but only because the delicious smell of bacon no longer wafts through our kitchens.
Why the big pig shortage? The NPA blames the high pig-feed costs manifested as a result from the drought that decimated corn and soy products-- traditionally low cost ingredients pivotal to what we feed pigs. Since farmers can't afford to feed them, they can't afford to grow them. Cue supply and demand principles, and we have some seriously expensive pigs.
The BNPA claims that distributors should incur the higher pig costs onto themselves, sacrificing their own bottom line to maintain the lower cost of pork we've been enjoying up to this point. However, given the long tradition of no one ever sacrificing their bottom line, I doubt we'll be seeing this in any country.
How bad could a potential price hike be? According to Mick Sloyan, a big-wig in the pig world, if pig slaughterings fall by the estimated projection of 10 percent in the third and fourth quarters of 2013, then the price of pig could double in Europe.
Get your pork belly and bacon in now, folks. Check out our sister site's recipe for some super fast, quick-braised Pork Belly here!
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