Where Egg Prices Are Rising The Fastest
(FixThisNation.com) – The shortage of eggs has led to the prices for eggs across the U.S. rising rapidly. The price of eggs has been affected by a number of different conditions, including the inflation rates, the major bird flu outbreak, the increased price of gas, and the price of packaging and feed. In December the price reached $4.25 for a dozen eggs, which is up by $1.78 from the previous year.
According to Instacart, the Midwest has been hit the hardest by these price increases. In fact, in December there was a 54 percent year-over-year increase in how much people had spent on eggs, as the price of eggs has doubled.
Iowa is the state with the largest increase in egg prices, as there has been a 153 percent year-over-year increase. South Dakota has had an increase in prices of 137 percent, while Wisconsin and Minnesota, experienced a 118 percent and 116 percent increase in prices respectively. Even in Nebraska the price of a dozen eggs went up by more than 104 percent.
These percentages are far higher than the ones experienced in other states. For example, in Hawaii the price of eggs increased by 51 percent, while in Florida there was a 57 percent increase.
However, it is also important to note that while the price increase in Iowa was dramatic, their prices still remain some of the lowest prices for eggs in the United States, with the average price for a carton being $4.44.
Currently, there is no expectation of the prices lowering, as spring is usually when the bird flu is at its worst.
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