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Author Topic: The Crisis We Should Be Panicking About: Bacon Prices  (Read 5792 times)

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Offline thundley4

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The Crisis We Should Be Panicking About: Bacon Prices
« on: July 04, 2011, 05:48:11 PM »
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The global debt crisis has sparked riots in Greece and elsewhere in Europe, but while you were watching the mayhem on TV, you might not have noticed that there’s a riot brewing at your kitchen table.

Bacon prices are expected to soar this summer — just in time for peak BLT (bacon lettuce and tomato sandwich) season. BLT season goes into full swing in July across much of the country as tomatoes start to ripen and, if you’re like Jason Perlow, who writes the “Off the Broiler” blog, by August, BLT’s will have become “major meals” instead of just a quick lunch.

But this year, just as the U.S. is worrying about its own debt crisis and a possible "double-dip" recession, the price of bacon —that sizzling, smoky comfort food we most need during tough times — is expected to surge. The price of pork bellies, which is where bacon comes from, jumped to more than $130 per hundredweight (100 pounds), and some analysts suggest it’s going to top last August’s level of $150.

“It’s going to be pretty tragic when you have your fresh ripe tomatoes and can’t have bacon for your BLT,” said Jason Mosley, author of the Mr. Bacon Pants blog and co-star of the “Bacon Live” podcast.

The reason for surging bacon prices is that hog farmers have pared their herds due to high feed costs after corn prices hit a record near $8 a bushel last month. Retail bacon prices hit $4.77 a pound in May, according to the Labor Department, and Rich Nelson, director of research at Allendale, told Reuters that it could reach near $6 a pound in the next few months.
Riots in the streets.

This is getting serious. It's time to end the damn ethanol subsidies now. Walmart used to have bacon on sale , 2 1 pound packages @ $5.  I have not seen it under $3.50/lb for quite some time.
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Offline IassaFTots

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Re: The Crisis We Should Be Panicking About: Bacon Prices
« Reply #1 on: July 04, 2011, 09:22:56 PM »
I have seen the same thing.  And it disturbs me a great deal.
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Offline NHSparky

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Re: The Crisis We Should Be Panicking About: Bacon Prices
« Reply #2 on: July 05, 2011, 08:29:48 AM »
I buy the 2-24oz packages of bacon at BJ's.  Total of 3 lbs, now $10.50 or so for a price of $3.50/lb.

That same bacon was a dollar per pound cheaper six months ago.
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Offline Eupher

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Re: The Crisis We Should Be Panicking About: Bacon Prices
« Reply #3 on: July 05, 2011, 09:39:09 AM »
I've not seen this "crisis" as I've still got maybe 10 lbs. of bacon left in the freezer from the last hog we'd had butchered maybe 6-8 months ago or so.

We don't eat a lot of bacon these days, so I expect it to last awhile longer.
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Offline NHSparky

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Re: The Crisis We Should Be Panicking About: Bacon Prices
« Reply #4 on: July 05, 2011, 12:14:18 PM »
I'll be over to pick it up tomorrow.
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Offline Eupher

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Re: The Crisis We Should Be Panicking About: Bacon Prices
« Reply #5 on: July 05, 2011, 12:22:52 PM »
Quote from: NHSparky on July 05, 2011, 12:14:18 PM
I'll be over to pick it up tomorrow.

Just one caveat - ya gotta eat it here.

And we serve it only one way -- raw.
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Offline NHSparky

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Re: The Crisis We Should Be Panicking About: Bacon Prices
« Reply #6 on: July 05, 2011, 12:42:51 PM »
Quote from: Eupher on July 05, 2011, 12:22:52 PM
Just one caveat - ya gotta eat it here.

And we serve it only one way -- raw.

That's okay, I'll bring my BBQ and wrap it around some shrimp, scallops, steaks, etc.
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Offline Eupher

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Re: The Crisis We Should Be Panicking About: Bacon Prices
« Reply #7 on: July 05, 2011, 02:56:50 PM »
Quote from: NHSparky on July 05, 2011, 12:42:51 PM
That's okay, I'll bring my BBQ and wrap it around some shrimp, scallops, steaks, etc.

That'll work.  :lmao:
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Offline compaqxp

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Re: The Crisis We Should Be Panicking About: Bacon Prices
« Reply #8 on: July 05, 2011, 03:00:47 PM »
Based on what you've all posted, bacon prices are significantly lower up here.  :popcorn:
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Offline Chris_

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Re: The Crisis We Should Be Panicking About: Bacon Prices
« Reply #9 on: July 05, 2011, 03:10:03 PM »
Quote from: compaqxp on July 05, 2011, 03:00:47 PM
Based on what you've all posted, bacon prices are significantly lower up here.  :popcorn:
Yeah, but it's Canadian bacon. :rimshot:
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Offline compaqxp

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Re: The Crisis We Should Be Panicking About: Bacon Prices
« Reply #10 on: July 05, 2011, 03:17:29 PM »
Quote from: chris_ on July 05, 2011, 03:10:03 PM
Yeah, but it's Canadian bacon. :rimshot:

With means it's better...far, far better.  :tongue:
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Offline thundley4

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Re: The Crisis We Should Be Panicking About: Bacon Prices
« Reply #11 on: July 05, 2011, 03:18:29 PM »
Quote from: compaqxp on July 05, 2011, 03:17:29 PM
With means it's better...far, far better.  :tongue:

Only if you are talking about putting it on pizza.
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Offline IassaFTots

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Re: The Crisis We Should Be Panicking About: Bacon Prices
« Reply #12 on: July 05, 2011, 03:18:50 PM »
Quote from: thundley4 on July 05, 2011, 03:18:29 PM
Only if you are talking about putting it on pizza.

Or Eggs Benedict.
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R.I.P. LC and Crockspot.  Miss you guys.

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"The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy." ~ Martin Luther King
 
“Political Correctness is about turning a blind eye to painful reality because your comfortable feelings are more important to you than saving lives and providing quality of life to people who work their ass off to be productive and are a benefit to this great American Dream"  ~Ted Nugent

Offline Chris_

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Re: The Crisis We Should Be Panicking About: Bacon Prices
« Reply #13 on: July 05, 2011, 03:30:39 PM »
Quote from: compaqxp on July 05, 2011, 03:17:29 PM
With means it's better...far, far better.  :tongue:
No, that just means it's ham. :-)
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Offline Chris_

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Re: The Crisis We Should Be Panicking About: Bacon Prices
« Reply #14 on: July 05, 2011, 03:31:19 PM »
Quote from: thundley4 on July 05, 2011, 03:18:29 PM
Only if you are talking about putting it on pizza.

I've put real bacon on pizza before (I prefer mine crispy and well-done).  It's awesome.
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If you want to worship an orange pile of garbage with a reckless disregard for everything, get on down to Arbys & try our loaded curly fries.

Offline thundley4

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Re: The Crisis We Should Be Panicking About: Bacon Prices
« Reply #15 on: July 05, 2011, 03:33:24 PM »
Quote from: IassaFTots on July 05, 2011, 03:18:50 PM
Or Eggs Benedict.

Canadian bacon also works on homemade "egg McMuffins" .

Quote from: chris_ on July 05, 2011, 03:31:19 PM
I've put real bacon on pizza before (I prefer mine crispy and well-done).  It's awesome.

Crumbled up like Bac'n Bits, it ain't bad on pizza.
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Offline Chris_

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Re: The Crisis We Should Be Panicking About: Bacon Prices
« Reply #16 on: July 05, 2011, 03:44:52 PM »
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