Bacon Fans Take Heart As Wholesale Pork Belly Prices Plummet
by Reuters
Posted: 2017-09-19 15:32:13 EST

CHICAGO - Fans of BLT sandwiches, take heart: U.S. retail prices of bacon, which soared to record highs this summer, should begin to ease soon, according to livestock analysts.

It could have been worse.

Wholesale prices of pork bellies surged to over $200 per hundredweight in July after starting the year at roughly $116, caused by stronger-than-expected consumer demand and tight supply, according to government data and industry watchers.

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