Soaring bacon prices got you down?

By Around the Web

(Zero Hedge) We recently noted the soaring cost of US foodstuffs this quarter (handily outperforming stocks) but without a doubt it is lean hogs that are the best performer – up a stunning 51% in Q1. As Bloomberg reports, the reasons are varied and, fair warning, sometimes disgusting: The same Ukraine story that is helping to keep a lid on equities is fueling a rally in wheat on concerns about Russian crops; the pigs in China are gobbling up U.S. soy, while the hog supply in the U.S. is being hurt by a nasty case of “porcine epidemic diarrhea virus.”

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