Rising Egg Prices Driven by Avian Flu and Holiday Demand

Reported about 6 hours ago

Egg prices are on the rise due to a combination of increased holiday cooking demand and an outbreak of avian flu that has significantly reduced egg-laying bird populations. With October prices up 30.4% year-over-year and supply down by approximately 8% nationwide, the holiday season is expected to exacerbate price volatility. Retailers are caught in a balancing act of maintaining profit margins while trying not to alienate customers with steep prices, as organic eggs approach similar prices to regular ones, affecting overall supply and future costs of egg-based products.

Source: YAHOO

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