Feb 3, 2017

Bacon Up

Holy Disaster - US bacon reserves hit 50-year low. Prices continue to go up in a sizzle. The average price of bacon across America has risen 14 percent since June of last year, according to the Bureau of Labor Statistics.

Analysts are reporting an 18% increase in the wholesale price of pork, with the surge expected to have a continued rise on the price of bacon and sausages.

Pig farmers can't keep up with the world's sizzling appetite for those fatty, juicy, smoky strips of sheer eating pleasure. US Department of Agriculture, “Today’s pig farmers are setting historic records by producing more pigs than ever,” said Rich Deaton, president of the organization. “Yet our reserves are still depleting.”


Hog farmers export approximately 26 percent of total production, the Bacon Council said. China still produces almost four times the amount of pork as the US, so the US may need to reduce exporting in order to satisfy local demand or risk rising imports. Bottom line, eat more bacon now before the next increase.

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