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Bacon Reserves at 50-Year Low Despite Increased Production

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By    |   Thursday, 02 Feb 2017 07:06 AM

American bacon reserves have hit a 50-year low even though farmers are producing more pigs than ever before.

In December, the supply of pork belly, which is used to make bacon, was down to 17.8 million pounds, the Department of Agriculture admitted, USA Today reported.

The Ohio Pork Council, a nonprofit group, said Tuesday that demand for frozen pork belly continues to exceed supply.

“Today’s pig farmers are setting historic records by producing more pigs than ever,” Council President Rich Deaton said, USA Today reported. “Yet our reserves are still depleting.”

America loves its bacon and has discovered hundreds of ways to get its fill in products from breakfast bowls to bacon-wrapped meat to bacon macaroni and cheese or bacon cheeseburgers. “It’s better with bacon” has become a common phrase in many kitchens and restaurants for good reason.

The price of pork belly went up 20 percent in January and has more than doubled since the end of August 2016, from $81.17 for 200 pounds to $171.37, USA Today reported. Foreign demand also has impacted supply, with farmers exporting about 26 percent of the pork belly produced.

Deaton doesn’t think supply will run out, however.

“While bacon may become more expensive for consumers, rest assured the pork industry will not run out of supply,” he said, according to USA Today.

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American bacon reserves have hit a 50-year low even though farmers are producing more pigs than ever before.
bacon, reserves, low, america
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2017-06-02
Thursday, 02 Feb 2017 07:06 AM
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