That hankering for pork chops is costing you about 7% more than 12 months ago. The average price for that slab of bacon to accompany the Sunday morning spread has jumped nearly 28% during the past 12 months, inflation-adjusted Consumer Price Index data show.

The supply chain issues and inflationary pressures that have become all too common in these pandemic times certainly have played their roles in the pork price hikes, alongside a slew of industry-specific influence. President Joe Biden's administration, for its part, believes prices are high because a couple of large companies control the majority of market share, and has outlined plans to level the playing field.

By some analysts' expectations, the higher prices aren't expected to ease anytime soon.

How we got here

The domestic pork supply chain was one of quickest to get knocked out of whack when the COVID-19 virus started its spread in the U.S.