Bellies are stupid high right now. Bacon is going way up.
That;s because they all burned up in a truck on the highway the other day. And we let China buy our largest pork producer.
There's a fresh pork shortage right now due to many factors. I'm not a fan of China buying Smithfield either but that's not the cause for the bellies being high. But you can bet your bottom dollar, in the near future it will be a big factor in the pork markets becoming a bigger cluster than they already are.
I'm pretty sure you will start seeing a lot of 2/$6.00 and 2/$7.00 12oz bacon promotions by the end of July.