Analysts say Bacon Shortage Not Likely

Taylor Hillman Industry News Release, Pork

Despite record low U.S. pork belly inventories, analysts say a bacon shortage is not likely. In early February, the Ohio Pork Council fueled alarms by publicizing that pork belly stocks were at their lowest levels in half a century. While the group added there was not an actual bacon shortage, several media outlets published reports suggesting otherwise.

Some Brazil Soybeans Very Muddy

Dan Industry News Release, Soybeans

Brazil’s top soybean producing state, Mato Grosso (Mah’-toe Grah’-soh), has soybean fields ready for harvest but are so muddy it’s difficult to walk through, let alone drive a combine through. A Bloomberg report says a week of persistent rainfall has caused some soybeans to begin fermenting. The beans have become engorged their pods, which have started to open as the …