▶ Up 28% Compared to a Year Ago
▶ Prices Surge to $10 for a Dozen
Egg prices are rising again across the U.S. as supply issues worsen due to bird flu. On the 26th, the U.S. Department of Labor reported that the price of eggs (per dozen) has skyrocketed by 28% compared to a year ago.
The average price for a dozen eggs nationwide now stands at $3.20, a significant jump from last year's $2.00. Additionally, the price has increased by 12 cents since July, when it was $3.08.
According to the federal government, bird flu outbreaks in 48 states this year have severely impacted egg production. Coupled with inflation, egg prices have reached a point where they are being called ‘golden eggs.’
As of September, more than 100 million hens have been culled due to bird flu. With the reduced supply, it’s becoming increasingly common for Costco locations across the country to sell out of eggs by the afternoon. Moreover, many customers who prefer yellow eggs often find only white eggs available. The $3.20 average price is just that—an average. In California, one of the most expensive states in the U.S., eggs are already selling for $4 or $5.
Prices for so-called 'premium' eggs, such as free-range or organic varieties, are approaching $10.
The rise in egg prices is also affecting restaurant costs. Eggs are one of the most commonly used ingredients in food service, and prices for omelets, sandwiches, and other dishes are increasing as a result.
For low-income households, the soaring egg prices are a significant financial burden. In the U.S., eggs are a staple for many, offering a low-cost source of nutrition. Previously priced in the $2 range, eggs were an affordable ingredient for various meals. However, it’s becoming increasingly difficult for some families to enjoy eggs regularly.
Low-income households, especially those on fixed incomes, are feeling the strain. A 78-year-old Korean-American retiree, identified as Jung, remarked, “Eggs seem to average about $4 these days, and many are even more expensive. It’s been a long time since I gave up buying expensive beef, and now it feels like I can’t even afford to eat eggs as often, which is very disheartening.”
However, current egg prices are lower than they were at the peak of the COVID-19 pandemic. In December 2022, the nationwide average price hit a record high of $4.25, and in January 2023, it surged to $4.82. Experts warn that if bird flu persists, the average price of eggs could once again reach $4.
— Reporter Hwan-dong Cho
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Hwandong Cho>