Shoppers across the nation have been scrambling for months to keep up with soaring egg prices.
Prices continue to skyrocket – up 60% in December from a year earlier. Last year, the average price for a dozen large Grade A eggs in the U.S. was $1.93 in January. By December, when egg demand peaked, the price surged to $4.25.
The high prices prompted a “He went to Kroger” meme, with an egg in place of an engagement ring in the “He went to Jared” jewelry advertisement.
Here’s when we can expect egg prices to drop and what we can do in the meantime.
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How much do eggs cost?
The price of eggs jumped 11% in December from the previous month, according to Consumer Price Index data.
The average price for a dozen large Grade A eggs in December hit $4.25, up from $1.79 the year before, according to the U.S. Bureau of Labor Statistics.
Why are eggs so expensive?
Three reasons – an increase in holiday demand, higher production costs for farmers and an outbreak of bird flu, a highly contagious virus that can be fatal to poultry such as chickens and turkeys.
As of December, more than 43 million egg-laying hens were lost since the outbreak began in February 2022, according to the to the U.S. Department of Agriculture.
The virus has led to the deaths of more than 57 million birds in hundreds of commercial and backyard flocks…
