Nationwide Egg Shortage Drives Prices Higher, Impacts Bakeries
Nationwide Egg Shortage Drives Prices Higher, Impacts Bakeries

Nationwide Egg Shortage Drives Prices Higher, Impacts Bakeries

News summary

The ongoing avian influenza outbreak has significantly impacted the U.S. egg supply, leading to soaring prices that are affecting businesses and consumers alike. Bakery owners like Joanne Chang from Flour Bakery in Boston report raising prices on egg-based products, while Shawn Bolduc of The Baked Lab in Madison has seen costs for a carton of eggs jump from around $23 to $101. Some retailers, including Trader Joe's and Costco, have begun rationing egg purchases due to shortages, and major chains like Waffle House have added surcharges to egg orders. Walmart reported an increase in grocery revenue attributed to rising egg prices, with the company's finance chief noting that these anomalies are expected to stabilize over time. Although some bakeries, like Greenbush Bakery, have been less affected due to their use of dry egg products, the overall trend reveals that many are struggling as they prepare for the upcoming wedding season. As farmers work to maintain healthy flocks, the future remains uncertain for both egg prices and the bakery industry.

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Left 67%
Center 33%
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Last Updated
4 hours ago
Bias Distribution
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