Egg prices fell in February for the first time in five months after more than doubling over the course of a year, according to the Bureau of Labor Statistics’ Consumer Price Index (CPI).
The price of a dozen large, grade A eggs rose from $1.93 in January 2022 to $4.82 in January 2024, but fell by 60 cents in February, stopping a five-month, uninterrupted climb in prices according to the CPI. The U.S. Department of Agriculture (USDA) blames the impact of avian bird flu on egg scarcity and rising prices.
Bird flu killed a record number of birds, including egg-laying hens, in 2022 and was unusually deadly in the fall, impacting production in the leadup to the holiday season, according to CNBC. Prices could rise again for the Easter season, however, and inflation in the supplies used for hen feed continue to keep prices high.
High egg prices prompted some individuals in border states to smuggle eggs across the Mexican border, causing a spike in egg-related smuggling attempts by U.S. Customs and Border Patrol.
Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@dailycallernewsfoundation.org
Somebody has to be held accountable for the civil unrest and the disruption of activities…
It has been only one year since President Donald Trump was sworn in as the 47th President…
For years, critics have lazily described Donald Trump’s “Make America Great Again” agenda as de-globalization…
While most Americans may not be familiar with Bougainville, this autonomous region of Papua New Guinea…
A restaurant menu is no big deal, right? It's just a list of the food…