Business Rundown: How Did Eggs Get So Expensive?
The Fox News Rundown
FOX News Podcasts
3.4 • 1.7K Ratings
🗓️ 17 February 2025
⏱️ 14 minutes
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| 0:00.0 | Ready to launch your business? Get started with the commerce platform made for entrepreneurs. |
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| 0:29.8 | I'm Lydia Who, and this is the Fox Business Rundown. |
| 0:41.3 | Monday, February 17th, 2025. This month marked a record high for the average price of eggs in the United States. |
| 0:46.3 | I have had an influx of restaurants and bakeries reaching out to us trying to fill their demand. |
| 0:53.3 | So I suppose even on their end, |
| 0:55.8 | they're having a difficult time. Eggs cost on average about $8 for a dozen. That's according to |
| 1:02.8 | data from Expana, which tracks benchmark egg prices daily. And the USDA warrants prices will continue to rise this year. |
| 1:13.4 | Eggs are getting more expensive because they are becoming harder to source. |
| 1:17.3 | Thanks to an outbreak of the bird flu that is wiping out millions of birds, |
| 1:21.8 | our nation's supply of laying hens is the lowest in 10 years. |
| 1:27.2 | The Trump administration says the Biden administration is to |
| 1:31.2 | blame for not stopping the circulation of the deadly strain of the bird flu, and a plan to combat |
| 1:37.4 | the bird flu is expected from the new secretary of the USDA. But in the meantime, major retailers like |
| 1:43.6 | Trader Joe's, Kroger, Whole Foods, and Costco are imposing |
| 1:46.8 | limits on the number of egg cartons shoppers can buy, as the nation's egg producers are finding |
| 1:53.3 | themselves confronting, but some are forecasting could become the worst bird flu outbreak |
| 1:59.6 | we've ever had in the history of this country. |
... |
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