The End is Near – United States Has Worst Bacon Shortage Since 1957
OK maybe I'm exaggerating, but I bet to some - such as myself - this is not a great way to start a year.
Bacon prices are on the rise as bacon reserves (yes, we have reserves for our treasures) are at the lowest levels in over 50 years. Since 1957 to be exact.
According to Forbes, our reserves of frozen pork belly (often made into bacon) are being drained faster than pig farmers can dish out. And what's crazy is that pig farmers are setting records by producing more pigs than ever! This came from the Ohio Pork Council so you know it's coming from the top.
Chances are we are not going to actually run out of bacon anytime soon, but the prices will continue to rise as supply gets lower and lower.
The U.S. Bureau of Labor Statistics published a report noting that the average price in U.S. cities of sliced bacon per pound went from $3.45 in 2006 to $5.10 in December of 2016. You can call it inflation, but there seems to be more to it than that.
Me? I'm going to stockpile pork bellies in my freezer for the rest of the year.
Do you remember your first bite of bacon?