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Epic Economist, 2/27/25
"Panic Buying Frenzy Push Egg Prices To Stratospheric Levels"
"Eggs are a high commodity in the United States right now, and keeping them in stock is getting incredibly difficult and extremely expensive. Prices have exploded since November, and especially over the last few weeks. And that's after rising more than 40% between 2020 and 2022. Shortages are becoming a major concern amongst retailers and authorities becausemillions of Americans are currently scrambling with limited availability at stores and record-breaking prices for eggs and food products made with this staple. Several news reports detail that major grocers are keeping egg prices at record prices to slow consumer demand as hen depopulation continues to ramp up due to the growth of bird flu cases in the nation.
In December, the average cost of a dozen large eggs was $4.15, up from $3.65 in November, according to data from the U.S. Bureau of Labor Statistics in 2024. Now, a carton of a dozen eggs is selling for anywhere between $6.00 and $8.00 in some regions of the U.S., and many consumers are seeing even higher prices. The Bureau also expects prices of meat and poultry to rise as the threat of avian flu continues to cut production targets."
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