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
Democrats may be trying to deny Maryland Republicans representation again in their latest redistricting effort.…
Republicans boosted spending in red states ahead of the November midterms, which is a sign…
Even with the Trump administration working to Make America Healthy Again, highly processed, unhealthy foods…
South Korea’s liberal government is drawing criticism from U.S. lawmakers and national security analysts who…
The US Navy recovered the body of Cmdr. Gabriel Edwards on Tuesday following an emergency…
Obamacare health insurance premiums are set to increase by double digits again in 2027, according…