Egg prices are already steep – and might be getting worse.
The average price of a dozen Grade A large eggs was $4.15 during the month of December, said the U.S. Bureau of Labor Statistics – an increase from $2.51 in December 2023.
There are two things driving the price increases: the bird flu outbreak and state laws about cage-free eggs.
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Patrick Penfield, a professor and supply chain expert at Syracuse University’s School of Management, told Nexstar Media that egg prices could rise by as much as 20% before the year is over.
This means that the average price of a dozen large eggs could be nearly $5 by the end of 2025, which would be the highest-ever recorded average price for a dozen eggs.
The previous high egg price was in January 2023, when the average price of a dozen large eggs was $4.82. By August 2023, however, the average price had dropped to …