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Massive Price Hike On Eggs Coming To New York
The prices of eggs could soon increase once again here in New York State.
Farmers in California recently had to euthanize several million chickens and ducks due to a wave of avian influenza which could end up increasing the price of eggs here in New York State.
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According to the U.S. Department of Agriculture, over 10 million birds have been affected by the highly contagious avian influenza virus over the past 30 days.
As of this writing, the National average price for a dozen eggs is around $2.09. That is more than half of the record-high price we saw last year during the previous avian influenza outbreak. Last year, egg prices reached a record high of $4.82 per dozen.
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Will we see prices that high again? If the outbreak of avian influenza isn't contained and the supply of eggs drops again, we could see the average price of a dozen eggs spike again later this month.
Egg prices have already increased by nearly 12% in January from December of 2023.
The good news is that with the supply chain returning to normal, the average price for all foods is expected to remain stagnant in 2024. They should also remain well below the record highs we saw back in late 2022 and early 2023.
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