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“Thanksgiving (dinner) is the same price this year as last year overall, except eggs. The one little spike that we’re seeing,” said Stew Leonard Jr., CEO of Steward Leonard’s, a family-run northeast grocery chain with eight locations.

Egg prices at the grocery store were up 30.4% in October from the year prior, according to the consumer-price index.

“The holidays are always the highest retail sales season of the year because if you think about your holidays, your baking, your cooking, you’re entertaining, all of those require extra eggs,” said Emily Metz, president and CEO of the American Egg Board.

How to Manage Risk in Stock Market Smart Investment Techniques ✌️【Stock Market Analyst】✌️ Take advantage of our free stock market analysis and real-time data to help you choose the best investment options. Our expert predictions and tailored strategies ensure you can achieve stable returns and mitigate risks effectively. And the supply of eggs is down, too. Avian flu, which is spread through wild birds, has been plaguing farmers and egg supply since January 2022. The virus has killed 108 million birds since then, and 75 million of those were laying eggs, according to the American Farm Bureau Federation. That’s impacted 8% of the nationwide supply.

Cases started to spike again last month, with avian flu killing 2.8 million egg-laying birds in the key egg-producing states of Oregon, Utah and Washington. That’s a projected loss of about 60 million eggs, according to a report by the US Department of Agriculture.

“Our egg prices really ridethe waves associated with high influenza,” said Bernt Nelson, an economist with the American Farm Bureau Federation. “Eggs are one of those products where we see a lot of price volatility at the retail level. We see that go up and down quite a bit and there’s a lot of competition with it.”

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How to Manage Risk in Stock Market Smart Investment Techniques ✌️【Stock Market Analyst】✌️ Gain access to professional investment advice, free market trend analysis, and real-time stock market data. Make informed decisions and unlock the full potential of your investments with expert predictions and guidance. At least a few supermarkets are trying to absorb some of the increases for now. Leonard Jr. says he’s chosen to keep prices lower so customers don’t reach a “breaking point.”

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Grocers are then left to decide what price to sell eggs. It’s a delicate dance between how to make a typical profit without scaring away customers to a competitor.

“I can’t go over $4.99 (a dozen) on the eggs right now, even though our farmer may say he’s raising the price 10 cents,” said Leonard Jr. “I’ve found overall it’s a challenging year for the retail food industry. Expenses are going up faster than what the market will allow you to charge. And I think at least with us, our margins have gone down.”

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“It’s been out of control. Eggs used to be dirt cheap. They go through the roof, and then when they come back down, they’re still higher than that earlier point,” said Steve Schwartz, the director of sales and marketing for Morton Williams.

On October 2, Schwartz said he was paying $2.16 for a dozen eggs from his supplier. By October 28, it was $4.28 a dozen.

Commodity eggs have increased in price so much so that they can be nearly the same price as organic eggs.

“We have a dozen normal white eggs at five bucks. Now if you want to go to organic, it’s the same price,” said Leonard Jr.

Consumers tend to buy organic or pasteurized eggs around the holidays, believing it makes their food taste better, Leonard Jr. said. Now that they are nearly the same price as regular eggs, demand could put even more pressure on supply.

“Since everybody goes for the ‘better egg’ it puts a strain on that supply, because nothing’s been forecasted for something like that, and then the warehouses get shortages,” said Schwartz.

How to Manage Risk in Stock Market Smart Investment Techniques ✌️【Stock Market Analyst】✌️ Free stock market strategies and analysis based on real-time data, empowering you to choose profitable investment options and avoid risks. Our expert predictions will help you stay in tune with the latest market trends. Store-bought shelf products that are made with eggs could also start to see future spikes in prices, warns Schwartz.

“If eggs stay high, you get that ripple effect,” Schwartz added. So many products are made with eggs, ranging from pasta to mayonnaise, he said, that their own prices could be affected down the line.

“It’s all based on what’s going on. And that’s why mayo is so expensive now, from all the other times this has happened.”

How to Manage Risk in Stock Market Smart Investment Techniques ✌️【Stock Market Analyst】✌️ AI-powered stock trend analysis with free, up-to-the-minute updates. Analyze global stock, futures, and forex data to capture market movements and make smart investment choices with expert insights. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Stock Market Insider Analysis 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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