Rising Egg Prices Linked to Bird Flu Impact on Supply Chain

Rising Egg Prices Linked to Bird Flu Impact

In the past year, the price of eggs has witnessed an alarming increase, attributed largely to the bird flu outbreaks affecting chicken farms across the country. The Bureau of Labor Statistics has recorded a staggering 28.1% rise in the price of a dozen large eggs, now averaging at $3.20.

Factors Behind the Increased Prices

The primary driving force behind the surge in egg prices is none other than bird flu. Over 100 million birds have been affected since January 2022, resulting in significant production dips. Phil Lempert, a grocery industry analyst, emphasized that the outbreak has drastically curbed egg output.

• High Demand: A notable rise in consumer demand for eggs.
• Outbreak Impact: Containment measures require culling entire flocks, affecting supply.
• Other Economic Pressures: Fuel, labor, and packaging costs further pressure pricing.

Broader Economic Implications

While bird flu remains a crucial factor, inflationary pressures are compounding the situation. Emily Metz from the American Egg Board noted that egg farmers face price volatility, largely beyond their control due to fluctuating costs across various sectors.

This combination of factors makes it evident that rising egg prices are a multifaceted issue affecting consumers and producers alike.