GO
Loading...

Unleash the Hogs! China Takes Its Pork Seriously

A few weeks ago we made a joke that bacon inflation is so out of control that the US needs to start seriously thinking about a Strategic Bacon Reserve—a reserve supply of bacon to tap in times of crisis. (And yes, we here at the Pony Blog do consider skyrocketing bacon prices a crisis.)

Dorling Kindersley | Getty Images

Well, as it turns out, they don't joke about such things in China, where up to 70 percent of the meat consumed is pork. They have a four-month pork stockpile and, with prices up 38 percent in some areas this year, they're about to unleash the hounds, the New York Times reported over the weekend.

Of course, having a strategic pork reserve isn’t as clean-cut a solution as it sounds: Frozen meat doesn’t keep for more than four months and live hogs have to be fed and kept, which isn’t saving you any money. In some places, the New York Times notes, they have a virtual reserve, where the government pays farmers a subsidy to keep their herds at certain levels regardless of demand or prices.

Hey, at least they’re trying.

The economy may have forced the US to sit back on the bench in the space race, but c’mon, America. Are we going to let China beat us in the hog race?

More Culinary Crises:

Questions? Comments? Email ponyblog@cnbc.com or drop a line in the comment box below.

More from The Pony Blog: ponyblog.cnbc.com

Featured

  • Will Ferrell took the Class of 2003 on a wild verbal ride, touching on everything from the Berlin Wall to that guy voted most likely to eat nachos in his car – and even managed to fire an assistant in the process! “You're about to enter into a world filled with hypocrisy and doublespeak, a world in which your limo to the airport is often a half-hour late. In addition to not even being a limo at all; often times it's a Lincoln Towncar. You're about to enter a world where you ask your new assistan

    From business titans like Bill Gates and Steve Jobs to celebrities like Stephen Colbert and Bono, here are 12 of the best graduation speeches of all time.

  • Math and science guys (and ladies) crushed it on the best jobs list this year. They are in demand. *HIGH FIVE!*

  • Few things unite us like complaining about our jobs. Think you have one of the worst? Click ahead for the 10 worst jobs for 2014.

  • On the best jobs list, STEM careers dominate—High-five, math and science guys!—and the worst can be summed up in one word: Timber!

Contact Pony Blog

  • Cindy Perman is a writer at CNBC.com, covering jobs, real estate, retirement and personal finance.

  • Based in Los Angeles, Jane Wells is a CNBC business news reporter and also writes the Funny Business blog for CNBC.com.

Humor