User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


56° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Bacon Prices Soar

August 5, 2014, 10:10 PM by Angela Kennecke

Bacon Prices Soar
SIOUX FALLS, SD -

From bacon with breakfast to bacon on burgers, crumbled in salads and even chocolate-covered bacon, it's become an American staple.  But the price of bacon has jumped dramatically to an all-time high of $6.11 per pound.

The Original Pancake House is in the middle of its typical morning rush and just about every breakfast has a side of bacon.

"I crave it.  I think everyone craves bacon. I don't necessarily like it in chocolate, but I love bacon," Janine Jones said.

"And everybody loves bacon, so there's obviously a demand for it--who wouldn't have bacon three times a day?" Bob Valentine said.

But that's going to cost you a pretty penny.  The price of bacon has jumped more than 40 percent in two years.

Just last month, The Original Pancake House had to stop serving its thicker cut specialty bacon for a couple of weeks because there was a shortage of it.  It's also raised the price of a side of bacon by a dollar. 

"It's like gas; you kind of need bacon so you pay what you need to pay for it," Jones said.

You can blame most of it on a virus that's been killing pigs for the last year.  An estimated 9 million pigs have died taking 180 million pounds of bacon off the market.

"We're seeing a shortage in young weaned pigs, so what that does is drive the market higher.  So the demand doesn't slow down, but the pig supply has decreased," Sylvia Wolters of Pipestone Vet Services said. 

The virus is slowing and researchers are working on an effective vaccine, but the price of feed is also high so there's no real sign of bacon prices coming down anytime soon.

Those high prices haven't slowed down bacon lovers.  Sales rose 11 percent to $4.2 billion in the last year.

Previous Story

Next Story


Comments





Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Lick The Spoon Expands Pot Pie Business

4/14/2015 3:00 PM

Lick The Spoon is expanding its pot pie business.  

Full Story
Dozens Of Park Positions To Fill Yet

4/15/2015 5:00 PM

Every summer, the city of Sioux Falls hires hundreds of people for seasonal jobs within the park system

Full Story | Watch
SD Driver License Stations Accept Plastic

4/16/2015 11:45 AM

You no longer need to stop by a cash machine before renewing your driver license.  All South Dakota exam stations now accept credit and debit car...

Full Story
First Dakota National Bank Buys Home Federal Branch in Pierre

4/15/2015 5:50 PM

First Dakota will assume deposits and loans associated with the branch and will acquire the branch facilities and equipment.

Full Story
What To Shred On Saturday

4/16/2015 10:10 PM

April 15, 2015 has come and gone.  Now it's time to get rid of old tax returns you don't need anymore.  But what should you shred an...

Full Story | Watch


Events