H5N1 bird flu outbreak in US witness a sharp rise in egg price, squeezing profit for restaurants
avian flu outbreak and rising inflation, egg prices have surged across several cities in the US, placing significant pressure on restaurants and bakeries, many of which are struggling with shrinking profit margins.
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According to local businesses, the cost of eggs for commercial food services has more than doubled since September 2024, Wood TV reported.
20% price rise looming in 2025?
Egg prices have soared as farmers are forced to cull millions of chickens each month due to the bird flu outbreak. With demand expected to rise as Easter approaches, relief seems unlikely anytime soon, Associated Press reported.
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In December 2024, the nationwide average price for a dozen eggs reached $4.15. While this remains below the record $4.82 set two years ago, the US Department of Agriculture now forecasts a further 20% increase in prices this year.
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