Steiner Consulting Economist Altin Kalo says the belly market has been burdened by too much supply. “We always talk about bacon and how important it is to this market and the big spike in belly and bacon prices last summer impacted what the food services did,” Kalo told RRFN. “They put a lot of product into cold storage which we’re still working through.” Kalo says seasonal demand won’t kick in until late spring or early summer.
