My son works for Sams, just made a pound of bacon this morning. He tells me that there is no shortage, but a willful holdback of product.
I will enjoy my bacon even more now. yum.
The first part of the story talks about dwindling herds of hogs. (Herds??)
But then it goes on to say that the slaughter houses are slow due to lack of workers.
That would keep the herds larger. For now.
As long as Biden doesn’t pull an FDR and make the farmers slaughter their hogs and leave them to rot in the fields, the market will figure it out.