Bacon prices set to soar. Thanks a lot Europe
Bacon consumers are being warned that the price of bacon will rise significantly next year as many European producers quit the industry due to new laws governing animal welfare.
“The National Pig Association warned that farmers who are responsible for as much as 10% of all British pig production will be forced to leave the industry by Christmas. The association blamed poor crop-growing conditions, particularly in the US, for a 25% rise in the cost of pig feed ingredients, which has meant many producers are unable to turn a profit.
BPEX (the body that represents the interests of pig producers) warns that pig production is likely to fall by between 5% and 10% with the result that retailers will be face substantial price increases.
Bringing home the bacon is about to get much more difficult.