您现在的位置是:Fxscam News > Foreign News
Egg prices in the United States remain high, raising concerns among retailers about supply issues.
Fxscam News2025-07-20 22:28:28【Foreign News】1人已围观
简介Foreign Exchange Bang official website,Transaction types of foreign exchange market,Despite the cooling of the U.S. Consumer Price Index (CPI) inflation in March, egg prices did not de
Despite the cooling of the U.S. Consumer Price Index (CPI) inflation in March,Foreign Exchange Bang official website egg prices did not decline, instead reaching a record high. According to data from the U.S. Bureau of Labor Statistics, egg prices rose by 5.9% month-over-month in March, with the cost per dozen eggs reaching $6.227, a year-over-year increase of 60.4%. This is not favorable for consumers, particularly as Trump had tried to lower egg prices, viewing it as a symbol of consumers struggling with high food bills. Even though wholesale prices fell back to $3 per dozen by the end of March, a nearly 50% drop from the beginning of the month, retailers have not passed on these savings to consumers.
Jada Thompson, an agricultural economist from the University of Arkansas, noted that egg wholesale prices only began to decrease in mid-March, and even with the drop at the end of the month, grocery stores may take some time to reflect these price changes. Brian Earnest, an economist at CoBank, stated that retailers are more cautious in adjusting prices, especially in situations of supply instability, fearing that price cuts could lead to supply shortages and losses. Moreover, frequently changing product price tags adds to their workload.
As avian flu risks subside and production gradually recovers, egg prices may drop to $2 to $6 per dozen in the coming months, but retail prices remain unpredictable, particularly with unstable supply. Meanwhile, with Easter approaching, the surge in egg demand could further support price hikes. Although avian flu killed 30 million laying hens this year, the outbreak is largely under control, with a significant decline in poultry infections in March.
Currently, egg prices vary widely across the United States. In downtown San Francisco, free-range eggs are priced as high as $9.99 per dozen, compared to $4.97 per dozen at Walmart in Nebraska. Despite the decline in wholesale prices, retail prices remain high, meaning consumers have not yet enjoyed the anticipated price relief.
Risk Warning and DisclaimerThe market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.
很赞哦!(8426)
相关文章
- The EU is expected to achieve its winter natural gas storage target ahead of schedule.
- Tariff news drives up copper prices, with New York copper futures soaring by 5%.
- CBOT grain futures fall across the board as tariffs and supply pressures heighten market pessimism.
- Spot gold retreated from a historic high, but Fed minutes boosted a rebound.
- Former Deputy Governor of the Bank of Japan: Expected to continue raising interest rates to over 1%
- U.S. and Iraq discuss the restoration of an oil pipeline, leading to a drop in oil prices.
- Goldman Sachs: Pressure on Oil Prices Increases
- CBOT grain futures rebound as funds increase holdings in corn and soybeans.
- Korean won rises as parliament passes presidential impeachment motion.
- The gold arbitrage fever subsides, leading to a surge in inventory in the U.S. market.
热门文章
站长推荐
Offshore yuan rebounds, regains five major thresholds, with stable exchange rate policy in focus.
Gold rebounds as market risk aversion intensifies.
Gold prices fall to a two
Comex gold inventories hit a record high.
Rising oil inventories pressure prices, but Middle East tensions and hurricane risks provide support
Oil prices fall for the third time as tariffs raise demand concerns.
As the Federal Reserve's decision approaches, is gold poised to break through $2,800 soon?
Trump's tariffs boost gold exports; Singapore's gold exports to the US hit a three