Fox Business’ Madison Alworth discussed the plan of the Trump administration to reduce egg prices.
Akash-high prices are opposing eggs with high costs between the ongoing decrease and the report of the Department of Justice (DOJ).
Some restaurants are overloading On eggs In recent weeks, they are faced for the product to help them deal with increased costs.
Mary Josephine Jenoso, manager of Pasticaria Roco in New York City, told Fox Business Correspondent Madison Alworth on Monday that “during” “” “during” “” during “” “The big money showThe “this restaurant” initially thought that when we saw one of our invoices that the pricing was wrong or we were scams “because the prices of eggs were so high.
Akash-high prices are opposing eggs with high costs between the ongoing decrease and the report of the Department of Justice (DOJ). (Cellle guns / Anadolu through Getty Image / Getty Image)
“We really call another seller who confirmed the prices of eggs,” Jenoso said. “Last week alone, they were above $ 230, so it’s just crazy. It’s a great amount.”
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“As last week, they were $ 230 for 30 dozen,” Jenoso said in an interview about the cost of eggs for that restaurant. “Back in December, it was approximately $ 122 for a 30 dozen cases, and a few years ago, we were looking anywhere between $ 38 to $ 60.”
Due to the prices of eggs, Rocco has a small surcharge on egg sandwiches and omelets, stated by Alworth.
Major chain waffle House And last month, Denny’s implemented egg overload. Wahalh House Restaurant had temporary surcharge 50 cents per egg, while Denny at the time told Fox Business that “pricing decisions were being made a restaurant-by-restaurant due to market-by-market, and regional effects of egg deficiency.”
The outbreak of highly pathogenic avian influenza, commonly known as bird flu, has made eggs in low supply in the US and contributed to high prices for many consumers and businesses.
A dozen large grade A eggs on average of $ 4.95 in January, 80 cents more expensive than the East month and $ 2.43 price than last year’s January, according to labor statistics.
Outbreak of highly pathogenic avian influenza, commonly known as bird flu, has built eggs in low supply in the US (Istock / istock)
The agency reported that the Consumer Price Index showed 53% year-on-year jump in the cost of eggs in January.
A report released by the Agriculture Department last week gave the price of more than $ 6.85 per dozen per dozen for the “National Trade of Talks’ volume.
At the end of last week, reports revealed that DOJ was checking egg prices.
Department of Justice Department Investigation In the Prices of Eggs: Report
Antitrest enformers with the department are looking due to rising prices, including whether egg producers have conspired to artificially push them by holding the supply back, Wall Street Journal reportedCiting sources.
According to the US egg marketing organization, the year -long bird flu has been “disastrous” for the epidemic industry and its farmers and caused supply issues.
The Consumer Price Index jumped 53% year-on-year in the cost of eggs in January. (Through Luke Shrants / Bloomberg Getty Image / Getty Image)
Emily Metz, CEO of American Egg Board, said, “Since January 2025, the beginning this year, we have lost and counted more than 30 million birds.” Fox business“Last week was actually the first week when we went to a whole week without a new farm, which had an outbreak of avian flu, so this effect has been disastrous on our industry. It is disastrous on our farmers and as I said, our farmers are in the fight for their lives.”
Later last month, US Agriculture Department (USDA) Unveiled a plan “To curb highly pathogenic avian influenza, protect the US poultry industry, and reduce egg prices.” This will include an investment of $ 1 billion.
The Trump administration revealed important strategy to bring record-high egg prices ‘immediately’
According to the USDA, $ 500 million funds will go to bio -safety measures, while $ 400 million will help affect farmers financially. Vaccine research will get $ 100 million, it said.
In 2024, the per capita egg consumption in the US was 37.8 pounds, As Ibisworld.
Brie Stimson contributed to this report.
