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Bacon - 1 Zachary Zirlin - 1 — - 1 That's - 1 Brian Earnest - 1 Cobank's Earnest - 1 Earnest - 1 Barry - 1
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Eyeem - 1 Getty - 1 CNBC - 1 National Pork Producers Council - 1 Medianews - 1 Denver - 1

Search resuls for: "Zachary Zirlin"


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☆ Pork belly prices are up 100% this year — your breakfast bacon is about to get pricier
  + stars: | 2023-08-23 | by ( Lee Ying Shan | ) www.cnbc.com   time to read: +4 min
Wholesale pork belly prices are currently trading at 270.89 cents per pound. And consumers are about to see even higher prices of bacon, which is primarily cut from pork bellies. Analysts who spoke to CNBC attributed the surge in pork prices partly to a recently imposed animal welfare regulation in California, which came into effect July 1. Proposition 12 played a "major role" in the surge in prices, said Urner Barry pork market analyst, Ryan Hojnowski. Consequently, sellers of bacon will want to keep their profit margins up — thus, the spike in pork belly wholesale prices is going to translate to higher retail and food services prices, he said.
Persons: Bacon, Zachary Zirlin, —, That's, Brian Earnest, Cobank's Earnest, Earnest, Barry, Ryan Hojnowski, Hojnowski, Urner Barry, Glenn Asakawa Organizations: Eyeem, Getty, CNBC, National Pork Producers Council, Medianews, Denver Locations: California, FactSet, Colorado
☆ Smartphones, used cars and bacon: 10 things with the biggest price drops in 2022, despite inflation
  + stars: | 2023-01-18 | by ( Greg Iacurci | ) www.cnbc.com   time to read: +3 min
The largest declines, on a percentage basis, were concentrated in categories like consumer electronics, beef, and cars and trucks, according to the consumer price index. watch nowUsed cars and trucks, rental vehiclesA used car dealership in New York on Jan. 19, 2022. Pablo Monsalve | View Press | Corbis News | Getty ImagesPrices for used cars and trucks were among the first to spike as inflation took hold in early 2021. The category inflated by 37.3% that year — the most of any item outside of energy commodities like gasoline and fuel oil, according to the consumer price index. "Rental car companies were buying — and now completely stopped buying — used vehicles," said Mark Zandi, chief economist at Moody's Analytics.
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