Holy Smokes! It might be time to load up the freezer before the price of bacon hits the roof.
But this year, just as the U.S. is worrying about its own debt crisis and a possible “double-dip” recession, the price of bacon —that sizzling, smoky comfort food we most need during tough times — is expected to surge. The price of pork bellies, which is where bacon comes from, jumped to more than $130 per hundredweight (100 pounds), and some analysts suggest it’s going to top last August’s level of $150.
– from “The Crisis We Should Be Panicking About: Bacon Prices” 1 July 2011 CNBC