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Showing posts with the label #EggPrices #EggCost #Inflation #FoodPrices #GroceryPrices #CostOfLiving

Rising Egg Prices Hit American Bakeries Hard

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  Source: edition.cnn.com Nationwide Egg Shortage Impacts Bakeries American bakeries are grappling with soaring egg prices, significantly impacting their operations and forcing difficult decisions about menu pricing. Bread Furst, a popular bakery in Washington, DC, is feeling the pressure. General Manager Scott Auslander shared his concerns, stating that suppliers are uncertain when — or if — egg prices will drop. Bread Furst, which uses approximately 150 eggs daily, now faces costs more than double compared to last year. This surge led to a price increase across a third of its menu, including its well-loved “messy egg sandwich,” which now costs a dollar more. The egg crisis stems from a severe bird flu outbreak that led to the culling of over 40 million egg-laying chickens last year, according to the US Department of Agriculture. This has created a national egg shortage, with wholesale  egg prices  soaring by 186% in January compared to the same month a year prior. The ...