Worldwide pork shortage predicted

Worldwide pork shortage predicted

The world’s pig farmers are warning of a shortage of bacon and pork next year because pig-feed has become unaffordable following disastrous growing and harvesting weather. Governments are becoming increasingly concerned, according to the National Pig Association.

British shoppers are being urged to make a special effort to safeguard supplies of British bacon and pork by only buying packs carrying British farming's own Red Tractor logo.

Around the world, pig farmers are selling their herds because they can no longer afford to feed their pigs. In the United States the government has introduced a pork-buying programme in a bid to keep its pig farmers in business. And the Chinese government is putting pork into cold storage, as a buffer against shortages and high prices next year.

Pig industry leaders from across the European Union met in London on Friday to explore ways to ensure pork remains the world’s most affordable red meat. They reported that pig herds are being sold because prices are not rising fast enough in supermarkets to cover the cost of record-high pig-feed costs.

According to Richard Longthorp, a farmer of outdoor pigs, some forecasters believed the price would increase by over a third eventually. But the farmers would rather see a more immediate, modest but sustainable rise that allowed producers to get into profit sooner thereby preventing the wholesale reduction in the pig herd with the inevitable record prices that might follow.
Source: National Pig Association