Small business owners that rely on eggs for their products are facing sticker shock because the usually reliable staple is in short supply.
Avian flu is forcing farmers to slaughter millions of chickens a month, causing U.S. egg prices to skyrocket. The average price of a dozen Grade A eggs in U.S. cities reached $4.95 in January, eclipsing the previous record of $4.82 set two years earlier and more than double the low of $2.04 that was recorded in August 2023. The Agriculture Department predicts prices will soar another 20% this year.
Most owners are taking the increase in stride, looking at it as just one of many hurdles they constantly face. But if the problem persists, they could be forced to raise prices or adjust their products.
Liz Berman is the owner and sole proprietor of The Sleepy Baker in Natick, Massachusetts. She specializes in custom, from-scratch cakes but also sells cupcakes, cookies, pies and other baked goods.
Eggs are just one of the baking ingredients experiencing price shocks. Items such as cocoa powder and butter have gone up as well. And price isn't the only issue.
“It’s not just the cost of eggs, right? It’s also just the availability,” she said. She prefers to buy medium-sized white shelled eggs, buying a box with 18 dozen eggs, but two weeks ago those were unavailable, so she had to buy brown eggs in individual cartons of 12.
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