From Economic Policy Journal:
Get ready for pork and chicken to become luxury items.
Pork and chicken will join beef on the menu of expensive meats as drought and U.S. ethanol policy combine in a corn “disaster,” the head of the world’s largest pork producer has said, Financial Times reports.
The cost of the main ingredients in animal feed, corn, and soyameal have set records this month as the worst drought in half a century and extreme heat damages crops in the U.S., the world’s main surplus producer.
“Beef is simply going to be too expensive to eat. Pork is not going to be…