Bacon has overtaken eggs as the latest costly breakfast staple, with prices rising nearly 20% since last year. In May, pork bacon prices increased by 5.7% from April and 18% from May 2024, according to NIQ’s grocery price analysis. Unlike other grocery items, bacon prices tend to fluctuate dramatically. Jim Eadie, founder of Swineweb.com, suggests these elevated prices may be permanent due to several market factors including tariffs, rising wages, and the balance of supply and demand. The cost to raise pigs is also influencing these price increases.
As of now, bacon prices vary across the U.S., with a pound costing around $4.03 in Dallas and exceeding $7.00 in Los Angeles. Furthermore, California’s Proposition 12, established in 2022, enforces minimum living conditions for farm animals, contributing to the higher bacon prices.
In contrast, egg prices have continued to decrease, dropping 6.6% from April, although they still remain 41% higher than in May of the previous year. This divergence in pricing trends highlights the shifting landscape of breakfast foods where bacon is now the pricier option.
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