Skip Navigation
Economics @lemmy.world MicroWave @lemmy.world

Egg prices are soaring again. Here’s why and what to expect

www.kcur.org Egg prices are soaring again. Here’s why and what to expect

Bird flu has killed millions of hens in recent weeks, shrinking the supply of eggs and hiking up prices at grocery stores.

Egg prices are soaring again. Here’s why and what to expect

Summary

Egg prices have surged, with a dozen large Grade A eggs averaging $4.15 last month, a 37% increase year-over-year.

The rise is driven by bird flu, which killed over 16 million hens since December, reducing supply.

The Midwest, a key egg production region, has been hit hardest due to migratory bird patterns and a new strain affecting dairy cattle.

Other factors like holiday demand and rising feed costs also contribute.

3