How much would you be willing to pay for bacon?
Bacon prices are on the rise, with the average pound of bacon selling just over $6 a pound. With the price of this popular breakfast treat higher than normal, the News10 morning crew discussed how much they would pay for the popular piece of pork.
According to the U.S. Bureau of Labor Statistics, a pound of bacon averaged $5.46 in February 2014. In February 2013, that same pound of bacon was $4.83. That's a 13 percent increase.
Bloomberg reported that bacon sales in U.S. outlets, tracked by a global measurement company, showed bacon prices "rose 11 percent to $4.2 billion in the 12 months ending July 5. That's 40 percent more than in the same period in 2009-2010."
Part of the reason for the price hike was a deadly virus that's killed millions of pigs in less than a year according to an earlier report from the Associated Press in April