Experts say bacon, pork prices to skyrocket next year
Posted:
Updated:
By myFOXDetroit.com Staff
Mmmmmm.... bacon.
BERKLEY, Mich. (WJBK) -
News of a coming bacon shortage is traveling faster than a greased sow trying to escape a pig roast.
Industry experts are predicting a worldwide bacon and pork shortage sometime in the next year.
A report in the Christian Science Monitor cites drought conditions around much of the globe this past summer as the reason for the expected higher prices. "Pig-feed has become unaffordable following disastrous growing and harvesting weather," reads a statement from the National Pig Association released earlier this month. "Governments are becoming increasingly concerned."
Click the video player to watch a report from FOX 2's Amy Andrews who talked to diners at the Berkley Coney Island.
But one economist says it's not so much a shortage that is to be expected, but rather a price increase.
The number of slaughtered pigs will go down about 10 percent in the second half of 2013, the NPA says, possibly doubling the price of pork products in the European Union.
The price of pork belly went up 46 cents to $1.40 per pound between July and August.
Local diners in Berkley tell FOX 2 the news grabs their attention, but they're not too worried. "There's other breakfast meats," says diner Matthew Kaufman. "But bacon comes to mind automatically."
Tuesday, May 21 2013 6:25 PM EDT2013-05-21 22:25:11 GMT
The American Red Cross is working in a variety of ways and from several different areas of the country to help the victims of the tornadoes which struck in the nation's heartland.
The American Red Cross is working in a variety of ways and from several different areas of the country to help the victims of the tornadoes which struck in the nation's heartland.
Friday, May 17 2013 8:58 AM EDT2013-05-17 12:58:06 GMT
Gallery on the Boulevard is now open to the public. The restored 1918 residence, located in the Historic District of Pontiac's West End, is now home to wonderful works of art.
Gallery on the Boulevard is now open to the public. The restored 1918 residence, located in the Historic District of Pontiac's West End, is now home to wonderful works of art.
Wednesday, May 15 2013 1:36 PM EDT2013-05-15 17:36:38 GMT
A pair of osprey that made a nest on a power pole in Berlin Township, near the Rockwood Landfill will be getting a new home thanks to crews from DTE Energy.
A pair of osprey that made a nest on a power pole in Berlin Township, near the Rockwood Landfill will be getting a new home thanks to crews from DTE Energy.
Tuesday, May 21 2013 1:37 PM EDT2013-05-21 17:37:50 GMT
The FOX 2 mug has gone "Hollywood." We equipped contest winner Annalee Buschbacher with the coveted FOX 2 coffee mug and assigned her the task to snap pics of it during her recent trip to Los Angeles.
The FOX 2 mug has gone "Hollywood." We equipped contest winner Annalee Buschbacher with the coveted FOX 2 coffee mug and assigned her the task to snap pics of it during her recent trip to Los Angeles.
Monday, May 20 2013 10:05 AM EDT2013-05-20 14:05:46 GMT
According to the Center for Disease Control, it is estimated that 3.5 million children are bitten by dogs each year, and most victims are children under the age of 9.
According to the Center for Disease Control, it is estimated that 3.5 million children are bitten by dogs each year, and most victims are children under the age of 9.
Mmmmmm.... bacon.
