Mike Doherty, Senior Economist and Policy Analyst for the Illinois Farm Bureau, was sought out by regional media for analysis of the likely effects of drought conditions on markets for pork products. Click on the article header for more information.
According to the Britain’s National Pig Association, a global bacon shortage will soon be upon us due to drought conditions in crop-growing regions. This tail-curling story (declared an “Aporkalypse” by Comedy Central’s Stephen Colbert) hit the national airwaves and led to coverage by local news stations, including this piece by WMBD TV 31. Mike Doherty, Senior Economist and Policy Analyst for the Illinois Farm Beureau (and ISU Economics Alum), explained that consumers are more likely to see the effects in higher prices for pork products than in “shortages” at the grocery store.
