- Retail bacon prices have averaged $7.26 so far in 2022.
- Retail bacon prices averaged $6.52 in 2021, up 94 cents from 2020.
- Retail bacon prices averaged $5.61 in 2019, up 14 cents from 2018.
- Retail bacon prices averaged $5.77 in 2017 and $5.42 in 2016.
Subsequently, Did the price of bacon go up? “We’ve certainly seen very strong increases in retail meat prices year over year. One big category is bacon. If you look back at the start of the pandemic compared to now, bacon prices are between 30% and 40% higher today than they were then,” says Jayson Lusk, agricultural economist with Purdue University.
Why is bacon so cheap right now? Bloomberg reports that at the beginning of February, pork was 65.61 cents per pound and falling. It said the price drop is an effect of President Donald Trump’s trade war with China because American meat producers need to clear a short-term supply here — a supply that isn’t getting exported.
Yet, How much did bacon cost in 1970? In 1970, a pound of bacon cost 95 cents, a dozen eggs cost 60 cents, bread was priced at 24 cents, 10 pounds of potatoes was 90 cents, coffee was 91 cents and a gallon of orange juice cost 86 cents.
How much did bacon cost in 1950? Retail Prices of Selected Foods in U.S. Cities, 1890–2015
| Year | Flour (5 lbs) | Bacon (lb) |
|---|---|---|
| 1960 | 55.4 | 65.5 |
| 1955 | 53.8 | 65.9 |
| 1950 | 49.1 | 63.7 |
| 1945 | 32.1 | 41.1 |
Is there a bacon shortage 2021?
You may have been hearing hysteria for much of 2021 over a so-called looming bacon shortage. And indeed, bacon prices have gone up this year, though it’s unclear whether that’s because of general inflation, supply chain issues, or just agricultural conglomerates crying like Chicken Little to justify price increases.
How much bacon do you get from a pig?
A whole hog will yield about 16 lbs of bacon. You can slice it and fry it fresh as a pork belly or you can have it smoked and cured to make bacon. Shoulder: A whole hog will yield 2 Boston butt roast and 2 picnic roasts from the shoulders.
How many pieces of bacon are in a pound?
typically comes in thin slices (about 35 strips per pound), regular slices (16 to 20 slices per pound) or thick slices (12 to 16 slices per pound).
Is the price of bacon going up?
In the aisles of U.S. supermarkets, the prices of food staples are rising. Bacon is up 18.8%, beef is higher by 16.2%, oranges are up 14.3%, pork is up 14%, chicken has risen 13.2%, and crackers and bread are higher by 12.7% in February 2022 versus February 2021.
How much was bacon in 1960?
Retail Prices of Selected Foods in U.S. Cities, 1890–2015
| Year | Flour (5 lbs) | Bacon (lb) |
|---|---|---|
| 1960 | 55.4 | 65.5 |
| 1955 | 53.8 | 65.9 |
| 1950 | 49.1 | 63.7 |
| 1945 | 32.1 | 41.1 |
What part of the pig is bacon?
bacon, a side of a pig that, after removal of the spare ribs, is cured, either dry or in pickle, and smoked. Some varieties, notably Canadian bacon, are cut from the loin portion of the pork, which is more lean. Bacon was for centuries the staple meat of the western European peasantry.