According to U.K.’s National Pig Association, a pork product shortage is expected due to farmers reducing herd sizes as associated costs rise. To make matters worse, this is apparently going on around the globe.
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.
Obviously, bacon prices are expected to rise. So you may want to start stocking up now.