Is the price of a bacon sarnie about to soar?

The price of a bacon sandwich looks set to soar.
The price of a bacon sandwich looks set to soar.

The cost of a bacon sandwich could be set to rise considerably - due to spiralling costs of pork and butter.

The price of pork has hit a four-year high, while the cost of butter has almost doubled in the space of 12 months.

Agribusiness specialist Rabobank has said that demand is outstripping supply in foreign markets which is having a knock-on effect in the UK.

Meanwhile, dairies are focusing on more profitable cheese, accounting for the hike in the value of butter.

According to The Grocer magazine: “Prices have kept rising due to low supplies in the EU and high demand."