News from the federal government Tuesday afternoon should make lovers of bacon smile.
America's fat with bacon.
Supplies of pork bellies in cold storage jumped in January. Bacon comes from the belly of a pig. An increase in supplies could mean there's less demand, less consumption. Generally, that could drive bacon prices lower.
The U.S. Department of Agriculture reports there were nearly 62 million pounds of pork bellies in cold storage last month. That is up 14 percent from the month before and 13 percent higher than year-ago levels.
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