Egg prices reach historic highs amid avian flu outbreak, inflation woes

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Egg prices reach historic highs amid avian flu outbreak, inflation woes
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The wholesale price of a dozen eggs has more than quadrupled year over year, and some experts warn the prices are unlikely to decrease anytime soon.

January 13, 2023, 5:08 AMCaption: The most affordable carton of 12 eggs at the Gristedes supermarket above cost over $5, while larger supermarkets like Whole Foods can undercut smaller competitors with $3 cartoons.Fans of three-egg omelets and bacon-egg-and-cheese sandwiches have more to worry about than just high cholesterol.

Outbreaks of highly pathogenic avian influenza have killed nearly 40 million hens since February 2021, five percent of the U.S. chicken flock, according to a spokesperson for the U.S. Department of Agriculture. Egg production has also declined by 4 percent since 2021, the spokesperson said. The USDA spokesperson said eggs are still one of the most competitively priced proteins in the grocery store compared to other animal proteins. Thein November a yearly 10 percent increase in the overall cost of food.

Sharmilla Dabieden, a resident of Queens who traveled to Whole Foods in Tribeca for lower egg prices, was one of the beneficiaries of this pricing approach. After seeing eggs advertised at roughly $3.29, she loaded her cart with three cartons of eggs. At the Westside Restaurant, the archetype of a Greek diner in Manhattan, the cost of eggs and food has tightened profit margins. Benetos said that one case of eggs – 30 dozen eggs – has increased from $90 to $160 over a few months, and other food costs have risen by 30 to 40 percent, leading to price increases across the menu. His son Nikos Benetos noted that they priced a recent daily special - a feta cheese, broccoli, and tomato omelet - at over $19.

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