America’s mountain of uneaten bacon is sitting in the freezers as farmers placed wrong bets on China’s demand for pork bellies
- More than 40 million pounds (18,000 metric tonnes) of pork bellies were sitting in refrigerated warehouses as of September 30, according to US government data, the most since 1971
- Bellies have seen a magnified inventory increase because demand is mostly domestic, unlike cuts such as ham, for which overseas buying can help reduce reserves
