The Mudcat Café TM
Thread #147192   Message #3410991
Posted By: GUEST,leeneia
27-Sep-12 - 02:09 PM
Thread Name: BS: Does a bacon shortage concern you?
Subject: RE: BS: Does a bacon shortage concern you?
"On Wednesday, British Pig Executive Mick Sloyan told European retailers that pork losses could be as high 10 percent in the latter half of 2013, which could double pork prices, according to the U.K. pig association."

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Somebody please explain how a 10% loss translates to a !00% price increase.