Following a report by the National Pig Association of Britain this week that warned of pork and bacon shortages, the U.S. Meat Export Federation issued a statement that such a shortage won't affect the United States. Bacon lovers everywhere are rejoicing at the news.

“There may be some shortages of pork in Europe, but there will be no shortages in the U.S.” economist Erin Borror of the U.S. Meat Export Federation told Iowa’s Des Moines Register.

“[We’re] not going to see people in line for bacon,” Cindy Cunningham of the National Pork Board told NBC News. “There will be no bacon rationing.”

Pricing may remain uncertain due to the summer drought and rising corn prices. Averaging $4.61 per pound, bacon prices were up 25 cents in August from July, according to the Department of Agriculture. The price also partly reflects demand.

Source: Atlanta Journal-Constitution