The Looming Disaster Of A US Bacon Shortage - And The Value Of Futures Contracts

Wednesday, February 1, 2017


Whisper it gently--well, OK, don't, scream in horror from the rooftops--but there's a possibility of a looming bacon shortage in the United States. I know, I know, it's almost as bad as the chaos that would follow in my native UK if the Marmite Mines ran out. But this does give us an opportunity to revisit Adam Smith and the value of speculators (originating with one of the few Frenchmen to ever get economics, Cantillon). Far from the usual cries we get from the left side of the aisle speculation is not unproductive, it is not valueless. It's a hugely useful signal about things that might happen in the future. And as such those signals allow us to take action to avoid those looming disasters--like, for example, the US entirely running out of that food of the Gods, the bacon cheeseburger (and I do not joke there, it is one of the great foods of the world).

Full Report:

Unless otherwise noted, the posts on this blog should be construed as market commentary, merely observing economic, political and/or market conditions, and not intended to refer to any particular trading strategy, promotional element or quality of service provided by INTL FCStone Inc. or its subsidiaries. INTL FCStone Inc. is not responsible for any trading decisions taken by persons viewing this material. Information contained herein was obtained from sources believed to be reliable, but is not guaranteed as to its accuracy. These materials represent the opinions and viewpoints of the author, and do not necessarily reflect the viewpoints and trading strategies employed by INTL FCStone Inc. or its subsidiaries. Reproduction without authorization is prohibited. All rights reserved.

Market Intelligence Free Trial

Meet the Team

Kansas City, MO
1251 NW Briarcliff Parkway
Suite 800
Kansas City, MO 64116
Tel:+1 (816) 410-5079



Our privacy policy has changed. View our privacy policy to learn more.