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Aporkalypse No - US bacon shortage denied | Aporkalypse No - US bacon shortage denied |
(about 1 hour later) | |
US pig producers have quashed fears of a bacon shortage in the country. | US pig producers have quashed fears of a bacon shortage in the country. |
Mild online panic spread after US Department of Agriculture data showed reserves of frozen pork belly - from which bacon is cut - were at a record low. | Mild online panic spread after US Department of Agriculture data showed reserves of frozen pork belly - from which bacon is cut - were at a record low. |
Hashtags including #BaconShortage and #BaconReserves broke out on Twitter. | Hashtags including #BaconShortage and #BaconReserves broke out on Twitter. |
But while some predict prices of the breakfast favourite may rise, the industry insists there is no danger of supplies running out. | But while some predict prices of the breakfast favourite may rise, the industry insists there is no danger of supplies running out. |
Pork belly reserves had hit about 8.2 million kg in December, according to the government figures, compared with about 22.7 million kg a year earlier. | Pork belly reserves had hit about 8.2 million kg in December, according to the government figures, compared with about 22.7 million kg a year earlier. |
That was put down to fresh supplies being used as quickly as they were being produced, meaning less for freezing and stockpiling. | That was put down to fresh supplies being used as quickly as they were being produced, meaning less for freezing and stockpiling. |
'More pigs than ever' | 'More pigs than ever' |
The lower levels of pork reserves were pointed out by the Ohio Pork Council, a lobby group for pig farmers. | The lower levels of pork reserves were pointed out by the Ohio Pork Council, a lobby group for pig farmers. |
But it later claimed that the observation - as well as the setting up of a baconshortage.com website (which now seems to have been taken down) - was not intended to create concern. | But it later claimed that the observation - as well as the setting up of a baconshortage.com website (which now seems to have been taken down) - was not intended to create concern. |
"Today's pig farmers are setting historic records by producing more pigs than ever," Ohio Pork Council president Rich Deaton said. | "Today's pig farmers are setting historic records by producing more pigs than ever," Ohio Pork Council president Rich Deaton said. |
US pork production is expected to rise by about 3% this year, with more processing plants in the pipeline to meet the increased demand. | |
Bacon is a staple in many Americans' breakfasts, burgers and barbecues. Major restaurant chains like Wendy's and McDonald's have also contributed to increased demand after introducing all-day breakfast menus. | |
In addition, over the past few years bacon has featured in a range of new dishes from bacon ice cream to bacon smoothies. | |
Pork belly prices also hit their highest level in more than a year on the Chicago Mercantile Exchange this week. | Pork belly prices also hit their highest level in more than a year on the Chicago Mercantile Exchange this week. |
As a result, traders say wholesale pork belly prices are about 37% higher than they were at the same time last year, though this has not yet translated to significantly higher prices for consumers. | As a result, traders say wholesale pork belly prices are about 37% higher than they were at the same time last year, though this has not yet translated to significantly higher prices for consumers. |
However, bacon eaters are likely to see the higher prices in about three months, David Maloni, president of research firm American Restaurant Association told Reuters. | |
It is not just in the US where pork availability - and prices - are a serious matter. | It is not just in the US where pork availability - and prices - are a serious matter. |
In China, the world's largest pork consumer, the government has on occasions intervened by releasing more of the meat on to the market to curb prices and help control inflation. | |
Super Bowl shortages? - Zoe Thomas, New York business reporter | |
This is not the first time Americans have worried about a supply shortage of one of their favourite foods. | |
In 2015, a shortage of cauliflower sent prices jumping to nearly $7 per head after a cold snap hit production. The jump in the price came as cauliflower was becoming increasingly popular across the US. | |
Last year, there was an avocado shortage after the fruit went from being consumed mostly as a dip served with tortillas to being ubiquitously eaten in everything from wraps to desserts. A heat wave and drought in California, where many US avocados are grown, caused panic that prices would spike and the green treat would become a luxury item. | |
Stories about that shortage - much like this one about bacon - occurred very near to the Super Bowl, the final in American football. Super Bowl Sunday - perhaps coincidentally - is a time when many Americans host parties that feature dishes that use both bacon and avocados. |