The numbers in our letter clearly indicate that the production loss due to avian flu was minor compared to the prices being charged.” “But the dominant firms are using that supply chain disruption to gouge the consumers. “Avian flu is not manufactured-it’s real,” says Joe Maxwell, the co-founder of Farm Action. does not currently vaccinate chickens against the avian influenza virus, unlike Mexico and China. Infected birds must be slaughtered, causing egg supplies to fall and prices to surge. This is largely attributed to the ongoing avian bird flu epidemic, in which nearly 58 million birds have been infected as of January 6-the deadliest outbreak in U.S. Chicken and eggsĪ dozen grade A eggs cost, on average, $4.25 in December-making it the grocery stable with the largest year-over-year price increase. Here is a guide to which food items are more expensive and why. “If the last 24 months have told us anything, don’t ever assume that things can’t change or get away from us,” he says. Still, there’s a possibility that some prices continue to rise. Tom Bailey, senior analyst of consumer foods with Rabobank, predicts that prices will soften up in early 2023 as we “revert back to more improved production and more reasonable demand.” ![]() Shipping costs are declining and Americans are purchasing less as they feel the pinch of inflation. Analysts say that there’s no straight answer on when grocery prices will drop as it relies on a number of factors, including post-pandemic consumer demand, ongoing supply chain shortages, geopolitical events such as the war in Ukraine, and unstable weather patterns.īut many of these key factors fueling inflation are starting to fade-meaning prices should stabilize this year, even if they may never go back down to pre-pandemic levels.
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