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Current Position:Home » News » Agri & Animal Products » Meat & Seafood » Topic

Retail prices of bacon continue to rise

Zoom in font  Zoom out font Published: 2012-12-25  Authour: Foodmate team  Views: 30
Core Tip: Recent data shows 14 bacon lines in the major British supermarkets are up in price, and none are down.
Recent data shows 14 bacon lines in the major British supermarkets are up in price, and none are down.
bacon
And ten pork lines up in price, and only three are down.

For instance, in Tesco a pack of four pork chops, which was £4.36, is now £4.85, an increase of 11.2 percent. And a bacon joint which was £3.84 is now £4.12, up 7.3 percent.

In Asda, unsmoked back bacon which was £7.90 is now £8.27, up 4.7 percent, and pork belly joint which was £5 is now £5.20, up 4 percent. But Asda own-label pork loin joint which was £5.50 is now £5, down 9 percent.

A similar pattern of many pork and bacon lines going up in price is evident in the Co-op, Morrisons, Sainsbury's and Waitrose.

One of the reasons for NPA Save Our Bacon activity this autumn was to alert shoppers to the need for bacon and pork prices to rise, to cover higher production costs.

In part, Save Our Bacon activity was designed to help retailers feel less sensitive about putting up prices (so that they can pay producers more), and to deflect criticism about the price increases, by explaining the underlying cause — record-high global feed costs.

 
 
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