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The worth of a dozen eggs in California has reached almost $9 per dozen in some areas, as demand continues to rise amid an outbreak of extremely pathogenic avian influenza, or chicken flu.
In its overview of egg markets final week, the U.S. Division of Agriculture (USDA) stated the California benchmark for giant shell eggs rose $0.78 to $8.97 per dozen, resulting from a discount in provide.
These costs may be seen when procuring on-line for eggs at supermarkets throughout the state.
As an illustration, Walmart in Chico, California, on Tuesday night time listed an 18-count carton of Nice Worth Cage-free Giant White Eggs for $9.52, whereas a dozen of the identical kind of eggs from Nice Worth had been listed at $7.22.
EGG PRICES ARE HIGHER AND WILL CONTINUE INTO 2025
Great amount of Cage Free eggs at CostCo retailer, Florida. (Photograph by: Lindsey Nicholson/UCG/Common Photos Group through Getty Photos / Getty Photos)
At Safeway in the identical metropolis, an 18-count carton of Lucerne Farms Eggs Cage-Free Giant White Eggs was listed for $12.99, although a dozen was not listed on the market on the retailer’s web site.
Walmart and Safeway’s father or mother firm Albertsons didn’t instantly reply to FOX Enterprise’ request for touch upon the worth of eggs.
“Demand for shell eggs posted a slight rise into the last two weeks of the year, supported by concerns over tight supplies due to persistent outbreaks of highly pathogenic avian influenza (HPAI) in layer flocks,” the USDA wrote. “These flock losses, coming at a critical demand point, have driven wholesale prices past the record levels set in December 2022 when HAPI outbreaks had a similar impact on the market.”
The FDA additionally reported this week that egg manufacturing within the U.S. dropped 4% in November as the worth of eggs and circumstances of chicken flu proceed to rise throughout the nation.
HERE’S WHY GROCERS ARE REALLY RAISING PRICES
Take a look at tubes labelled “Bird Flu” and eggs are seen on this image illustration. (Reuters/Dado Ruvic / Reuters Pictures)
Wells Fargo Agri-Meals Institute Sector Supervisor Kevin Bergquist stated egg costs have been elevated since 2023 as a result of mixture of seasonal worth will increase throughout the holidays and disruption in egg provide resulting from chicken flu.
Costs over the previous 12 months have “generally” remained above 2023 costs and even “often exceeded egg prices from 2022, which was when HPAI really caught the egg market,” in response to Bergquist.
Wholesale egg costs, which jumped almost 55% in November, don’t essentially mirror shopper egg costs on the grocer, which might differ broadly.
FDA RAISES COSTCO EGG RECALL TO HIGHEST RISK LEVEL OVER SALMONELLA FEARS
Within the fingers of a lady packing eggs within the grocery store (iStock / iStock)
In keeping with the Client Value Index, grocery costs rose 0.5% in November, with 4 of the six main grocery retailer meals teams rising in value. Eggs confirmed the biggest enhance by a large margin.
Costs for meat, poultry, and fish rose 1.7% in November, however costs for eggs rose 8.2%.
Previous to the big chicken flu outbreak in March 2022, flock numbers had been at a stage that supported decrease egg costs, in response to Bergquist. He famous the wholesale worth was lower than $1.50 per dozen.
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Nonetheless, the outbreak disrupted the market, resulting in report egg costs in December 2022. The typical worth corrected to a decrease stage by 2023 as producers rebuilt their flocks.
FOX Enterprise’ Daniella Genovese contributed to this report.