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Egg Prices

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Egg Prices Now Expected To Rise Twice As High As Earlier Projections In 2025 Egg Prices Now Expected To Rise Twice As High As Earlier Projections In 2025
Egg Prices Now Expected To Rise Twice As High As Earlier Projections In 2025 Egg prices are now expected to jump in price in 2025 by more than double earlier projections. Initial estimates by the USDA predicted a 20-percent increase just a month ago. With a nationwide shortage due to bird flu which has reduced egg-layer flocks and egg production, a 41-percent increase is now expected this year, the USDA says. The price of a dozen eggs, at around $5 on average, is up nearly 100 percent from last year. About 18.8 million commercial egg layers were affected by the bird flu in January, the highest monthly total since the outbreak began in 2022, the USDA said.  …

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by Joe Lombardi
Business
Egg Inflation Hits Denny's: Customers Face New Surcharge At Some Locations Egg Inflation Hits Denny's: Customers Face New Surcharge At Some Locations
Egg Inflation Hits Denny's: Customers Face New Surcharge At Some Locations Soaring egg prices are scrambling the Denny's menu. Denny's is adding a surcharge to meals containing eggs, a company spokesperson confirmed to the Daily Voice on Monday, Feb. 24. The diner chain cited skyrocketing costs fueled by the bird flu outbreak. The company said some locations will temporarily implement the surcharge due to rising egg prices, though the exact amount and which restaurants are affected will vary. "Due to the nationwide egg shortage and increased cost of eggs, some of our restaurant locations will need to temporarily add a surcharge to every meal that includes eg…

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by Chris Spiker
News
NY Shoppers Feel Inflation But Spend Less Of Income On Groceries Than Many States: Study NY Shoppers Feel Inflation But Spend Less Of Income On Groceries Than Many States: Study
NY Shoppers Feel Inflation But Spend Less Of Income On Groceries Than Many States: Study Inflation and soaring grocery prices are squeezing US households at the beginning of 2025, but a new study says Northeast families are spending less of their income on food than other parts of the country. A study from WalletHub called States Where People Spend the Most & Least on Groceries was released on Thursday, Feb. 13. Despite higher food costs, residents in many Northeast and mid-Atlantic states spend a smaller share of their incomes on groceries compared to others. WalletHub said the cost of groceries has surged more than 25 percent since 2019, straining household…

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by Chris Spiker
Business
Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns
Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns After a solid holiday season, US retail sales took a surprising step back to start 2025, snapping a streak of growth and fueling worries about the economy. Retail and food services sales fell 0.9 percent in January, according to Census Bureau data released on Friday, Feb. 14. The decline reversed the trend from December 2024's revised increase of 0.7 percent, signaling that consumers may be feeling the squeeze from rising prices. Economists had predicted only a slight decline, with Dow Jones estimating a 0.2 percent drop, NBC News reported. The sales totals were seasonally adjusted but…

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by Chris Spiker
Business
Denny's Closing 30 More Restaurants Than Planned: Here's Why Denny's Closing 30 More Restaurants Than Planned: Here's Why
Denny's Closing 30 More Restaurants Than Planned: Here's Why Denny's will close 30 more restaurants than expected, as the diner chain accelerates its efforts to shutter underperforming locations. Denny's will shut down between 70 and 90 restaurants in 2025, the company said in a news release and earnings call on Wednesday, Feb. 12. The chain closed 88 restaurants in 2024, bringing the total to nearly 180 closings expected by the end of 2025. While Denny's hasn't revealed which restaurants are on the closing list, the already shuttered locations were open for an average of 30 years. "In any mature brand, when restaurants have been opened that lo…

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by Chris Spiker
Business
Inflation Climbs To Start 2025, Fueled By Dramatic Egg Price Jump, Fears Over Trump Policies Inflation Climbs To Start 2025, Fueled By Dramatic Egg Price Jump, Fears Over Trump Policies
Inflation Climbs To Start 2025, Fueled By Dramatic Egg Price Jump, Fears Over Trump Policies Inflation unexpectedly accelerated in the first month of 2025, adding political and economic pressure to President Donald Trump's campaign promise of immediate relief to high consumer prices. In January, overall inflation climbed 3.3 percent year-over-year for core items and 0.5 percent monthly, according to data from the Bureau of Labor Statistics released on Wednesday, Feb. 12. That ran slightly ahead of economists' prediction of 3.2 percent inflation, NBC News reported. Core items exclude notably volatile prices for food and energy. The Consumer Price Index (CPI) still inc…

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by Chris Spiker
Business
Wegmans Cracks Down On Rising Egg Costs With Super Low Prices Wegmans Cracks Down On Rising Egg Costs With Super Low Prices
Wegmans Cracks Down On Rising Egg Costs With Super Low Prices If you’ve been to the grocery store lately, you might have felt some serious sticker shock in the egg aisle. Prices are climbing fast, but Wegmans is vowing to keep costs from scrambling out of control. The grocery chain, known for its loyal following and high-quality selections, says it’s holding the line on egg prices even as costs soar across the country.  "With supply fluctuating nationwide, prices are rising due to avian bird influenza and strong demand," reads a blurb on the Wegmans website in the "eggs section.  "Our New York state supplier takes every precaution to ensure…

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by Cecilia Levine
Business
Popular Restaurant Chain To Place Surcharge On Each Egg Sold: Here's How Much Popular Restaurant Chain To Place Surcharge On Each Egg Sold: Here's How Much
Popular Restaurant Chain To Place Surcharge On Each Egg Sold: Here's How Much A well-known restaurant chain is making a change that may leave customers scrambling. Regulars stopping in for their usual orders at Waffle House will soon notice a small but significant addition to their bill. Waffle House, known for its affordable, around-the-clock breakfast offerings, is implementing a 50-cent surcharge per egg due to skyrocketing egg prices caused by an ongoing avian influenza outbreak.  The surcharge, which applies to all egg-based menu items, is what it calls a temporary measure as the chain navigates higher costs. “Customers and restaurants are being…

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by Joe Lombardi
Business
Supermarkets Running Out Of Eggs As Anger, Frustration Among Americans Mounts Supermarkets Running Out Of Eggs As Anger, Frustration Among Americans Mounts
Supermarkets Running Out Of Eggs As Anger, Frustration Among Americans Mounts Egg shortages driven by a devastating outbreak of avian influenza, commonly known as bird flu, have now resulted in some supermarkets running out of this beloved staple. In various grocery stores across the country, customers have encountered shelves with limited or no egg cartons available.  Customers who do find cartons available are getting sticker shock, with a dozen eggs priced as high as $15 at some stores. Some supermarkets have started setting limits on the number of cartons that may be purchased. According to data from the Bureau of Labor Statistics, the average price of a d…

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by Joe Lombardi
News
Rare Strain Of Bird Flu Discovered As Egg Prices Soar, Hundreds Of Thousands Of Fowls Killed Rare Strain Of Bird Flu Discovered As Egg Prices Soar, Hundreds Of Thousands Of Fowls Killed
Rare Strain Of Bird Flu Discovered As Egg Prices Soar, Hundreds Of Thousands Of Fowls Killed The detection of a different more rare strain of avian influenza is raising alarm as record egg prices soar to new highs. A farm in California where the new H5N9 strain was detected had to kill 119,000 birds after the more common H5N1 strain had been detected earlier. In New York, a farm on Long Island culled 100,000 ducks after a bird flu outbreak. “Whether this novel H5N9 virus will cause human infections from its avian host and become a pandemic subtype is not known yet,” the US National Library of Medicine said. “It is therefore imperative to assess the risk of emergence of t…

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by Joe Lombardi
Business
Rise In Food Prices Goes Beyond Eggs: Here’s Rundown Rise In Food Prices Goes Beyond Eggs: Here’s Rundown
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…

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by Joe Lombardi
News
Egg Prices Soar As Bird Flu Cases Rise Dramatically: Here's What To Know Egg Prices Soar As Bird Flu Cases Rise Dramatically: Here's What To Know
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…

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by Joe Lombardi