Monday, September 24, 2012

Food Shortage Episodes

Story 1: Global Bacon Shortage? Oh, no (9/24/2012)
Let us trace back the cause of future potential shortage: 
Potential Bacon shortage in the future <-- Farmers cut the size of herd <-- High pig-feed cost <--global failure of maize and soya harvests <-- Drought? Higher fuel cost? Demand for biofuel? 

Ya, bacon shortage will really cause an riot. Some farmers and economist have responded to this news by saying it will all return back to the economics basic: if it is profitable to turn soy beans into protein, some farmers will still raise pigs. The consumers just pay a higher price. (9/28/2012)

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