Bacon prices hit all-time high as suppliers try to meet demand in wake of pig porcine epidemic virus
WASHINGTON (WJLA) - Bacon lovers, prepare yourself: prices for bacon have reached an all-time high in recent weeks, meaning your wallet could soon be affected.
The average price of a pound of bacon increased by six cents in June to $6.11, according to the Bureau of Labor Statistics.
Since 2012, the cost of bacon has gone up 41 percent, the Huffington Post reports. Last month's increase is 14 percent more than the cost of bacon last year around the same time.
The price increase is being blamed on a "porcine epidemic diarrhea virus" that's been killing thousands of American pigs and lessening the amount of available livestock to keep with the demand for bacon in the past year, according to the Huffington Post.