“Beef, chicken and pork could be as scarce as toilet paper soon because so many meat processing plants have been temporarily shut down amid the coronavirus pandemic, industry experts are warning.
“”We’ve just completed our third week of reduced slaughter and production,” Dennis Smith, a commodity broker/livestock analyst with Archer Financial Services in Chicago, said. “My guess is that about one week out, perhaps around May 1, shortages will begin developing at retail meat counters.”
“Overall meat production is down 25 percent, Smith said, “which is a huge decline.”
“It might be time to save some bacon, since the amount of pork in frozen storage dropped last month by 4 percent, to 621 million pounds, the Department of Agriculture reported last week.”
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