Major Disease Outbreak Killing Pigs

An outbreak of Asian Swine Flu is spreading through China and south-east Asia, forcing farmers to kill millions of pigs.

The implications of the outbreak are already being felt beyond Asia. Global pork prices have risen by almost 40%, and long term it is likely to lead to more pork imports from Europe and America to meet demand, which will also push up global meat prices. Market analyst Rabobank said global pork supplies could fall by 8%.

I thought bacon prices were high when we were shopping yesterday; I wonder if it's already having an effect here.