The US is experiencing an egg shortage due to a bird flu outbreak, leading to skyrocketing prices and panic buying. Grocery stores implement purchase limits as shoppers scramble for the dwindling supply.
The age-old adage 'Don't put all your eggs in one basket' has taken on a new significance for consumers in the face of a nationwide egg shortage . A recent outbreak of avian influenza has wreaked havoc on the poultry industry, leading to a decline in egg production and a subsequent surge in egg prices. The average price for a dozen Grade A large eggs reached $4.15 in December, according to the Bureau of Labor Statistics.
However, prices have skyrocketed in some regions, with a dozen eggs costing as much as $12. This scarcity has triggered panic buying and frenzied scenes in grocery stores across the country. Social media platforms are awash with videos depicting empty egg shelves, frustrated shoppers, and instances of hoarding.One TikTok user, @ninav0728, captured the chaos at a Costco, where customers swiftly emptied the egg supply within minutes. Another user, @the.ibarras, posted a video of a shopper with a cart overflowing with egg cartons, prompting debate in the comments section about the ethics of stockpiling. While many expressed disapproval, some acknowledged that restaurants, bakeries, and other food businesses also shop at Costco. The surge in demand has prompted grocery chains to implement purchase limits to ensure that eggs are available to all customers. Trader Joe's, for example, has imposed a limit of one dozen eggs per customer per day across its stores nationwide. Costco, while not immediately responding to requests for comment, has also reportedly imposed similar restrictions, with some locations limiting purchases to three cartons per customer. The soaring egg prices have also impacted the restaurant industry, with chains like Waffle House adding a 50-cent surcharge on each egg sold. In response, Cracker Barrel vowed not to charge extra for eggs, engaging in a public spat with its competitor.
Avian Influenza Egg Shortage Price Hikes Grocery Stores Panic Buying
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