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15°
Thursday, jan 23
Tag:
Egg Prices
Business
Rise In Food Prices Goes Beyond Eggs: Here’s Rundown
Eggs are not the only food product seeing a sharp increase in prices. December grocery prices were nearly 28 percent higher than five years ago, reflecting how much harder families are finding it to manage their everyday expenses, The Wall Street Journal reports. According to Labor Department data, grocery prices surged 1.8 percent year-over-year in December, marking the fastest increase in over a year, The trend started just after the COVID-19 pandemic began in 2019, mainly due to pandemic-related supply chain issues. According to a Trace One analysis of US Bureau of Labo…
News
Egg Prices Soar As Bird Flu Cases Rise Dramatically: Here's What To Know
The bird flu outbreak in the United States is causing egg prices to hit new highs, affecting consumers across the nation. The Centers for Disease Control and Prevention (CDC) has reported increased cases of the virus in several states, leading to concerns over food supply. As producers respond to the outbreak, many are culling infected flocks to prevent further spread. This has led to a notable drop in egg production. According to the USDA, current egg prices are nearly double what they were last year, leaving shoppers feeling the pinch at the grocery store. Nearly 129 mi…