<<Is it pork-ageddon? Britain's National Pig Association has sounded the alarm that the world should brace for an "unavoidable" bacon and pork shortage next year.The cause of the trouble is high pig-feed costs caused by what it describes in a press release as "the global failure of maize and soya harvests.">><<It's not just Europe that will be seeing shortages: The U.S. will also face a bacon shortage. The Guardian reports that the cost of bacon has doubled since 2006, and record droughts are to blame. Consumption of bacon is falling as prices have been rising."It's not that people don't want to eat pork, it's just that they increasingly can't afford to," economist Steve Meyer told the publication. "We've been warning about this for years. Now that we are talking about bacon, we've really got everyone's attention.">>http://news.yahoo.com/blogs/sideshow/world-bacon-shortage-un...
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Rat