Why egg prices are sizzling, and when they could cool off

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Why egg prices are sizzling, and when they could cool off
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The average price for a dozen Grade A large eggs was $2.94 in July, up 38% from a year ago.

Grocery prices continued to soar in July despite slower inflation overall, and eggs were among the foods experiencing the biggest increases. The average price of a dozen large, Grade A eggs was $2.94 in July, up 38% from the same period last year at $1.64, according to the U.S. Bureau of Labor Statistics.Grocery prices continued to soar in July despite slower inflation overall, and eggs were among the foods experiencing the biggest increases.

The outbreak has affected egg producers nationwide, and has even sickened birds that aren’t raised on farms for human consumption, Dean said. In addition, Dean said the feed for his company’s chickens has been getting more expensive, especially the organic feed that eventually yields organic eggs. The U.S. is a net importer of organic products, Earnest said. And when it comes to organic oilseeds and grains, Russia and Ukraine were the second and third largest exporters to the U.S in 2020, according to a Mercaris trader report.

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