More Bacon Coming To Hoosier Households
October 3, 2014 — Mike Corbin, Network Indiana —
A new report suggests there may be more bacon on breakfast tables across the nation.
Purdue University Agricultural Economist Chris Hurt says pork production is higher than expected following a pig virus many feared would take a heavy toll on baby pigs. However, Hurt says more pigs than expected survived this summer and inventory is higher than anticipated. Hurt says that means supply will be higher this winter and throughout 2015 and prices will be more moderate.
Hurt says pork producers are seeing higher pork prices, lower feed prices and farmers are seeing a bounty of corn and soybean crops, all of which are fueling expansion plans. He expects pork supplies next summer to up by five percent. Hurt says the virus hasn‘t yet been controlled, but they know more about it and two vaccines are on the horizon.
Right after corn and soybeans, Hurt says pigs are the Hoosier State‘s third largest crop and Indiana is the nation‘s fifth largest pork producer.