Bacon Shortage Looming in America

In America and American diners, breakfast means bacon and eggs.

From pork producers around the world, a warning: Next year, it's likely to be harder and more expensive to bring home the bacon and fry it up in a pan.

That's because this summer's drought has driven up the price of corn and soybeans used to feed hogs, leading farmers to cut costs by cutting the number of pigs they raise.

In 2007, U.S. farmers produced about 51 pounds of pork for every American. Next year's forecast: just shy of 45 pounds, a 12% drop. “We’re probably going to have to pass along at least a 10% increase in all our prices across the board next year”

For some bacon-lovers, it will be worth it. “I think it’s 3.99 a pound now, if it goes up to 5.99, I will just eat less of it but I will still it definitely.”

These days, bacon's not just for breakfast anymore. It's on ice cream, donuts, in vodka, and even in gourmet chocolates.

With big price hikes coming, pork producers say it's not a bad idea. “If you have some space in a freezer to stock up on pork loins, ribs are a great bargain right now. Bacon may be a real bargain compared to where it’s going to be.”

Bacon eaters say it's time to strike while the frying pan is hot. “Enjoy the bacon while you can.”

There is always turkey bacon which is great products but most say it’s not quite the same.