Rising Egg Prices Put Grocery Stores in a Bind
Grocery stores in Midwestern states are facing difficulty keeping up with high wholesale egg prices, which have risen from around $3 per dozen extra-large eggs up to roughly $5 due largely in part due trade wars and higher feed costs. Consumers may also feel an impact from this issue as they face higher food costs due inflation while farmers struggle with meeting market demands leading into further potential price increases down the line
Dec. 24, 2022 2:22AM
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A picture of an egg carton with rising numbers inside each eggshell representing increasing egg prices
The cost of eggs is on the rise, and Midwestern grocery stores are feeling the pinch. Wholesale prices for a dozen extra-large eggs have increased to roughly $5, leaving many stores struggling to keep up with demand. The price increase has been attributed to a number of factors, including higher feed costs and the ongoing trade war between the United States and China. As a result, some stores have had to limit their egg purchases or raise their own prices in order to stay afloat. This has put an additional strain on consumers who are already dealing with rising food costs due to inflation. “It’s becoming increasingly difficult for us to provide our customers with affordable eggs," said one store manager who wished to remain anonymous. "We’re doing our best to keep prices low but it’s hard when the cost of goods keeps going up." The situation is further complicated by the fact that many farmers are unable or unwilling to produce enough eggs for the current market demand. This means that even if prices were lowered, there would still be a shortage of supply which could lead to further price increases down the line. This issue isn't just limited to Midwestern grocery stores either; it's affecting businesses across the country as well as consumers everywhere who rely on eggs as part of their regular diet. It remains unclear how long this trend will continue or what measures can be taken in order to alleviate some of these pressures but one thing is certain: egg prices aren't likely going down anytime soon.