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Giant pork pile awaits Americans as trade wars risk exports

Donald Trump’s trade wars are making pork a bargain.  American production is poised to reach an all-time high this year, and output is forecast to surge again in 2019. The supply boom comes as tariffs from China and Mexico threaten to curb export demand, leaving Americans with a mountain of cheap meat. On Saturday in Dallas, as many as 30 people on a local bacon-focused food tour were set to traverse the city chomping down on bacon donuts, bacon brown sugar ice cream, bacon jam and candied bacon. While retail bacon prices are down in the past 12 months, they’re still up from six years ago, so any relief from higher costs will be welcome news to the pork enthusiasts. “It’s almost like a bonding experience,” said Jeanine Stevens, the owner of Dallas Bites! Tours, which takes participants to little known restaurants and other eateries. “Bacon is a kind of food that people just feel a little bit lighthearted about. It’s a fun food.”  Other Americans might agree. The U.S. Department of Agriculture is predicting overall pork consumption next year will climb to 53.3 pounds a person. That’s the highest since the early 1980s.

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Bloomberg
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