Bringing home the bacon just became a bit more challenging...
While many different types of items have been on the rise due to the pandemic, labor and supply shortages, as well as increased demand, it's meat products specifically that are seeing the largest growth.animal products like eggs, ground beef, pork chops, boneless chicken, and bacon have all had price increases atSign up for our newsletter!
This recent spike in prices is leaving consumers asking,"why is bacon so expensive right now?" You could answer by blaming the change onon its head. Grocery stores are facing extreme employment shortages because of sickness and demand for higher wages, which is leaving companies scrambling to stay afloat financially.
On top of this, companies are seeing supply shortages unlike any that we've seen in years. The report states, for example, that the price of plastic and styrofoam are rising, which has left producers in desperate need of packaging materials. When it comes to bacon specifically, the Bureau of Labor Statistics says that prices are higher than they've ever been in history. Agricultural economist Jason Lusk tells
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