Beef and pork prices rise
As drought lowers cattle populations and a virus kills pigs, U.S. consumers will see meat prices rise across the country.
Extreme weather and illness have killed off cattle and pig populations in the U.S., leading to meat prices that could reach all-time highs.
Earlier this year, Quartz reported that the USDA lowered pork production estimates after increased reports of a pig virus fatal to young piglets. Extreme weather has also caused a drop in cattle across the states and a shortage of supply. As a result of disease and drought, the price for a pound of bacon is up 13 percent since this time last year and USDA-choice beef is up 8 percent, according to the U.S. Bureau of Labor Statistics.
The United States is the largest exporter of pork and the largest producer of beef in the world. Although supplies are dropping, exports increased in February 2014 as demand continues to grow.
Extreme weather and disease have also caused shortages in other industries, including limes, avocados and coffee.
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