FOX Enterprise’ Madison Alworth discusses the Trump administration’s plan to decrease egg costs.
Eateries are contending with excessive prices of eggs amid an ongoing scarcity and a reported Division of Justice (DOJ) investigation into sky-high costs.
Some eating places have been introducing surcharges on eggs in current weeks to assist them deal with elevated prices they’ve been encountering for the product.
Mary Josephine Generoso, the supervisor of Pasticceria Rocco in New York Metropolis, instructed FOX Enterprise correspondent Madison Alworth on Monday through the “The Big Money Show” that the eatery “initially thought when we looked at one of our invoices that the pricing was incorrect or we were getting scammed” as a result of egg costs have been so excessive.
Eateries are contending with excessive prices of eggs amid an ongoing scarcity and a reported Division of Justice (DOJ) investigation into sky-high costs. (Celal Gunes /Anadolu by way of Getty Pictures / Getty Pictures)
“We actually called another vendor who confirmed the egg prices,” Generoso mentioned. “Last week alone, they were upwards of $230, so it’s just crazy. It’s an exuberant amount of money.”
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“As of last week, they were $230 for 30 dozen,” Generoso mentioned of the price of eggs for the restaurant she manages within the interview. “Back in December, it was about $122 for a case of 30 dozen, and just a few years back, we were looking at anywhere between $38 to $60.”
Due to egg costs, Rocco has put in place a small surcharge on egg sandwiches and omelets, Alworth reported.
Main chains Waffle Home and Denny’s applied egg surcharges final month. The non permanent surcharge at Waffle Home eating places was 50 cents per egg, whereas Denny’s instructed FOX Enterprise on the time that “pricing decisions are being made market-by-market, and restaurant-by-restaurant due to the regional impacts of the egg shortage.”
Outbreaks of extremely pathogenic avian influenza, generally generally known as hen flu, have brought about eggs to be briefly provide within the U.S. and contributed to excessive costs for a lot of customers and companies.
A dozen giant Grade A eggs averaged a value of $4.95 in January, 80 cents dearer than the prior month and $2.43 pricier than January of final yr, based on the Bureau of Labor Statistics.
Outbreaks of extremely pathogenic avian influenza, generally generally known as hen flu, have brought about eggs to be briefly provide within the U.S. (iStock / iStock)
The company reported the Client Worth Index confirmed a 53% year-over-year bounce in the price of eggs in January.
A report launched final week by the Division of Agriculture pegged the value for “national trading of trucklot quantities of graded, loose, White Large shell eggs” at $6.85 per dozen.
Studies surfaced late final week that the DOJ was probing egg costs.
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Antitrust enforcers with the division are wanting into the reason for rising costs, together with whether or not egg producers have conspired to artificially inflate them by holding again provide, The Wall Road Journal reported, citing sources.
The years-long hen flu epidemic has been “devastating” for the trade and its farmers and brought about provide points, based on a U.S. egg advertising group.
The Client Worth Index confirmed a 53% year-over-year bounce in the price of eggs in January. (Luke Sharrett/Bloomberg by way of Getty Pictures / Getty Pictures)
“Since January of 2025, the start of this year, we’ve lost more than 30 million birds and counting,” American Egg Board CEO Emily Metz instructed FOX Enterprise. “Last week was actually the first week we went a full week without a new farm having an outbreak of the avian flu, so this impact has been devastating on our industry. It’s been devastating on our farmers and, like I said, our farmers are in the fight of their lives.”
Late final month, the U.S. Division of Agriculture (USDA) unveiled a plan to “curb highly pathogenic avian influenza, protect the U.S. poultry industry, and lower egg prices.” It’s going to contain a $1 billion funding.
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In line with the USDA, $500 million of the funds will go in direction of biosecurity measures, whereas $400 million will assist farmers financially impacted by the epidemic. Vaccine analysis will get $100 million, it mentioned.
In 2024, per capita egg consumption within the U.S. amounted to 37.8 kilos, based on IBISWorld.
Brie Stimson contributed to this report.
