National Ag News
Strong demand increases bacon prices
Jul 31, 2017, 17:18 PM
by
System
High demand for bacon and pork belly is lighting a fire under Chicago Lean Hog Futures and a Bloomberg report indicates the trend will continue.
Pork belly prices are up about 80 percent this year, and pork belly stocks are at a 60-year low. Retail bacon sales are growing and grocery store bacon prices are up 50 percent from what they were a year ago.
Higher priced pork and beef cuts increase seasonally because of more grilling in the spring and summer.
Continue reading Strong demand increases bacon prices at Brownfield Ag News.
