Zoetis CEO on egg price increases Elevated egg prices "could last into the first quarter of 2023," Lapp said. But price pressures appear to be easing, according to Moscogiuri. That's partly a seasonal effect, as demand naturally lets up after the holidays. It's also due to record egg ...
Egg prices have surged since late spring, rising amid a surge in avian influenza in the nation's commercial poultry flocks. (There was a similar outbreak inlate 2022.) The U.S. Department of Agriculture (USDA) in July estimated that avian flu had sickened over 3 million birds, or roughly...
history. Infected birds must be slaughtered, causing egg supplies to fall and prices to surge. Egg prices in December rose 60% from a year earlier, according to Consumer Price Index data released Thursday. Across U.S cities, the average price for a dozen large grade A eggs was $4.25 last...
Egg Prices Are Rising Again. Here’s Why They’re So High The average cost of a dozen Grade A large eggs was $4.15 in December, according to data from the U.S. Bureau of Labor Statistics. Many, or all, of the products featured on this page are from our advertising partners who comp...
California prices could go much higher, National Assn. of Egg Farmers president Ken Klippen toldBloomberg. “When the California egg law went into effect Jan. 1, mandating enclosure sizes for laying hens, the national large white egg prices were $0.82 to 1.04 per dozen. In California, egg ...
The main reason for the sharp increase in egg prices in many states, however, is the flu –Avian Influenza, or the bird flu.The USDA said more than 43 million egg-laying hens bought the farm after contracting Avian Influenza last year. ...
egg prices fluctuate with supply and demand, the latter of which has remained fairly stable over the year, regardless of cost, according to the Farm Bureau's Nelson. The egg board, however, said America's appetite for the protein has grown of late, rising steadily for 20 consecutive quarters...
But food prices don’t move uniformly, and the increase was driven by price volatility in a few categories. For example: Egg prices jumped 8.2% from October to November, and they’re up 37.5% from a year ago. Beef and veal prices rose 3.1% in the past month. They’re 5% higher ...
Americans are taking on an ever-increasing amount of debt to finance purchases, making managing personal finances more critical than ever, especially when inflation is eating away at purchasing power and prices are rising. Areas of Personal Finance ...
ByAdam Clark Updated Nov 07, 2024, 10:14 am EST / Original Nov 07, 2024, 5:59 am EST Continue reading this article with a Barron’s subscription SUBSCRIBE NOW