We're not sure if this rumor originated with bad math or bad faith.
Ultimately, the $12 rumor alleged a price tag roughly four times bigger than the agency’s genuine per-dozen forecast.Gary Crawford on USDA radio
The war in Ukraine, a major grain producer, and drought conditions in the U.S. have pushed wheat and corn prices up significantly, driving up the price of eggs 56%. The USDA did not predict that the price per dozen would reach $12 by fall. Not even close. In reality, according to the latest update from the USDA’s food price outlook,Egg Market News Reports | Agricultural Marketing Service. https://www.ams.usda.gov/market-news/egg-market-news-reports. Accessed 9 June 2022.
USDA ERS – Food Price Outlook. https://www.ers.usda.gov/data-products/food-price-outlook/. Accessed 9 June 2022.
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