The price of eggs is now so high it has sparked a flock of memes pointing out that it's now probably too expensive to egg your enemy's house.
Friday, the federal agency said consumer demand continues to decline and “shell egg prices remain at unappetizing levels in retail outlets relative to other proteins.”Another meme showedBrian Moscogiuri, a global trade strategist at Eggs Unlimited, an egg supplier based in Irvine, California, told Axios retail pricing often lags the wholesale market and there is traditionally a 20 to 30% drop from seasonal highs to January and February lows.
“But if input costs continue to increase and the bird flu continues to kill large quantities of hens the costs will likely be passed on to consumers," Covington said.or bird flu that began in February 2022 is a key factor in the price hike. Egg farms are recovering but there are 6% fewer hens laying eggs, Emily Metz, American Egg Board president & CEO, said in a statement to Axios, citing recent USDA data.as the index declined on a monthly basis, the first drop since last summer, Axios’ Courtenay Brown reports.Most expensive and cheapest egg pricesInstacart shared a breakdown of state average egg prices with Axios that shows how much customers paid on the platform in December for a dozen eggs.
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