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Bacon craze causes rise in pork-belly prices
Published: Friday, July 21, 2017 @ 8:29 PM
By: Kara Driscoll - Staff Writer
Consumers love of bacon is causing pork-belly prices to reach record highs.
As more people reach for a pack of bacon at the grocery store, pig farmers are struggling to keep up the demand, according to a report from the Wall Street Journal. The price for pork-belly, the part of the hog used to make bacon, has risen around 80 percent in 2017.
Americans bought 14 percent more bacon at stores in 2016 compared to 2013, according to data from Nielsen. The increased interest in bacon means increased business for farmers â€” the national hog herd rose to a seasonal record of nearly 72 million in early June, but it hasnâ€™t helped them keep up with the demand.
Bacon has become a staple in breakfast sandwiches, BLTs, lunch sandwiches and other trendy recipes like Cheesy Bacon Popcorn, Bacon Kraut, Bacon-Wrapped Scallops and Bacon Grits. Even fast-food chains are adding specialty bacon dishes like Arbyâ€™s â€œtriple thickâ€ bacon sandwiches, Wendyâ€™s Bacon Queso Burger and Bacon Queso Fries or Frischâ€™s Primetime BLT Cheeseburger.
â€œEverybody and their mother is coming out with a new bacon sandwich,â€ livestock trader Dan Norcini told the Wall Street Journal.Version:1.0 StartHTML:000000257 EndHTML:001060913 StartFragment:001045965 EndFragment:001060851 StartSelection:001045986 EndSelection:001060841 SourceURL:http://www.whio.com/business/bacon-craze-causes-rise-pork-belly-prices/