America loves its bacon, and that love is pushing pork belly prices to record highs. Prices for the part of the hog that’s used to make bacon have jumped roughly 80 percent higher this year. This comes in spite of frozen reserves at a low not seen in sixty years. Market research firm Nielsen says Americans bought 14 percent more …
Analysts say Bacon Shortage Not Likely
Despite record low U.S. pork belly inventories, analysts say a bacon shortage is not likely. In early February, the Ohio Pork Council fueled alarms by publicizing that pork belly stocks were at their lowest levels in half a century. While the group added there was not an actual bacon shortage, several media outlets published reports suggesting otherwise. Sponsored ContentCIR Agriculture …