Friday, January 10, 2014

January 10, 2014.

Pig Virus Threatens to Bump Pork Cost

"I can't remember how it goes on after that. But anyway I remember it ends up, "Here comes a candle to light you to bed, here comes a chopper to chop off your head!"

CHICAGO----A virus that kills young pigs is roiling the U.S. pork industry, boosting prices in the $9 billion hog-futures market and threatening to create more pain for food shoppers.

It was like the two halves of a countersign. But there must be another line after "the bells of Old Bailey." Perhaps it could be dug out of Mr Charrington's memory, if he were suitably prompted.

The disease, which has spread to farms in 22 states, is cutting into pork supplies and prompting some traders and investors to wager that hog prices could set records this year. Lean-hog futures rose to a seven-week high a week ago and are up 6% since mid-December.

"Who taught you that?" he said.

Porcine epidemic diarrhea virus, or the PED virus, appeared in the U.S. for the first time in April and has killed thousands of piglets since then. The virus, which causes severe diarrhea and vomiting, is fatal only to young pigs and poses no threat to human health or food safety, according to swine veterinarians. The U.S. strain is nearly identical to a version that curbed hog production in China in 2012.

"My grandfather. He used to say it to me when I was a little girl. He was vaporized when I was eight----at any rate, he disappeared. I wonder what a lemon was," she added inconsequently. "I've seen oranges. They're a kind of round yellow fruit with a thick skin."

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