Spam maker Hormel Foods said Wednesday that higher costs for pork, beef, turkey and avocados are hurting its business.

Hormel Foods Corp. said supplies of those four ingredients are tight, which led to higher costs that hurt its grocery products business. Hormel said it responded by raising prices on Spam products, Hormel Chili, and Dinty Moore stew during the quarter but it said sales of all of those products decreased compared to last year. The company also increased the price of Wholly Guacamole products.

http://www.foodmanufacturing.com/news/2014/05/hormel-foods-hurt-high-meat-costs