5 sources·Business

Rising Egg Prices Amid Holiday Demand and Bird Flu Outbreak

Egg prices are increasing significantly this holiday season due to high demand and an ongoing bird flu outbreak affecting supplies.

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Updated: Nov 26th, 2024, 2:19 PM ET

Summary

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As the holiday baking season approaches, the average price for a dozen eggs in the U.S. rose to $3.37, a 63% increase from last year. This rise is attributed to a lingering bird flu outbreak that has led to the slaughter of over 111 million birds and a 4% drop in egg production. Though prices are up, they remain below the peak levels of 2023. The American Egg Board reports that egg shortages have been isolated and are being rapidly corrected as the industry tries to meet unprecedented seasonal demand amidst challenges posed by supply chain issues and climate changes affecting bird populations.

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