Who is Nick Passmore and what is he talking about?! Seriously.
For anyone in the food industry to claim pork belly in the US hasn't risen in price is completely absurd.
I guess one can stretch the truth for commodity bacon, like the ones packed in vacuum packs by Hormel or Kraft's because they are using stocked rations from years past with fixed pricing... but that's just poor accounting in my opinion.
The truth is, pork prices have increased. And especially pork belly.Take for instance Niman Ranch Pork Bellies... an undisputed Premium Pork vendor (wouldn't you agree?).
Percentage wise, it's increased 40% in the past 3 years. (from $3.75 to $5.25 per pound)
The once considered "very cheap" cut has chefs scratching their heads when they calculate plate-cost for their menus, and more importantly their monthly food-cost reports.
It's no longer that no brainer one item that you could throw on a menu and generated a good GP%.
Don't believe me... ? Call Bill Niman or ask the guys at Niman Ranch if it's true... raising pigs outside in the open air has proven difficult the past few years due to rising feed costs and overall logistics in running a pig farm.
They'll tell you exactly what I've just said.
Without raising prices, they would not survive in today's market place and that's a lose lose situation for everyone.
We should all have a piece of Niman Ranch pork belly in our refrigerator.
You really don't know when you need to braise a good pork belly for an impromptu dinner party.
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