Bacon prices could rise due to shortage

CREATED Apr 9, 2014

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MILWAUKEE -- A bizarre virus from China that has killed millions of baby pigs is threatening pork production and pushing up prices by 10 percent or more. 

That means the bacon and ham you love could be scarce and a lot more expensive. In fact, production could decline seven percent this year compared to last year.

Bacon lovers in Milwaukee said higher prices will likely affect their consumption.

"I love bacon, extra crispy," said bacon lover Lance Savoy. "It's going to affect a little bit on the budget and we're probably going to cut back on pork products."

The U.S. is a top producer and exporter of pork, but production could drop more than it has in 30 years.