As if Beef prices are not high enough hold on to your hat Pork is going up too!!

[alblancher]

Pig virus threatens US outdoor grilling season
AFP
15 minutes ago

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  Quartered pigs are smoked at on a barbecue on July 12, 2012 in Charlotte, North Carolina
  
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  Quartered pigs are smoked at on a barbecue on July 12, 2012 in Charlotte, North Carolina
  
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  Quartered pigs are smoked at on a barbecue on July 12, 2012 in Charlotte, North Carolina
  
  2 of 3
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  Quartered pigs are smoked at on a barbecue on July 12, 2012 in Charlotte, North Carolina
  
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http://

New York (AFP) - A dark cloud is menacing the cherished US summer season of outdoor grilling: a deadly pig virus that has been sweeping through farms and driving up pork prices.
The porcine epidemic diarrhea (PED) virus was first officially detected in the United States in May 2013. Now it is active in 27 of the nation's 50 states.The contagious virus is not transmissible to humans and poses no risk to food safety, assures the US Department of Agriculture (USDA). But it causes diarrhea and vomiting in pigs and is fatal in piglets.Fearing the virus will produce a shortfall in pork supplies during barbecue season, some processors have stocked up their warehouses, sending prices higher.
Prices for pork for delivery in April have soared more than 45 percent on the Chicago Board of Trade since the beginning of the year. On Friday, the futures contract slipped two cents to close at $1.23 a pound (0.45 kilogram).

This article appeared on Charter.net   April 6, 2014

 

[diggingdogfarm]

Yup, butts are up 30% here in just a few weeks.


~Martin

 

[laughingpanther]

The bad thing is that the prices may not come down after the shortages are over. Here, the power company raises their rates when the price of oil goes up, but they don't lower them once the price of oil goes down. Is the same thing going to happen with food?