Economics

Global Bacon Shortage Warned

Forget the gold. Start stockpiling right now!

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With pork costs rising, Great Britain is facing a bacon and sausage shortage as pig farmers cut back on herd size. But the problem may soon become global.

In a recent press release, the U.K.'s National Pig Association is warning that a "world shortage of pork and bacon next year is now unavoidable":

New data shows the European Union pig herd is declining at a significant rate, and this is a trend that is being mirrored around the world. Pig farmers have been plunged into loss by high pig-feed costs, caused by the global failure of maize and soya harvests. All main European pig-producing countries report shrinking sow herds.