Egg prices are still soaring and are now above the price of beef. Yes, you read that right.
For the first time since 1980, when Bureau of Labor data began, the cost of a carton of eggs is higher than the price of a pound of beef.
Last month, consumers paid $4.82 on average for a dozen eggs and $4.64 for a pound of ground beef. A year ago, they were paying $1.93 for eggs and $4.77 for beef.
This comes as High Pathogenic Avian Influenza continues to affect poultry flocks throughout the nation.
Related Stories
As budget hearings continue on Capitol Hill, policymakers focus on long-term solutions to stabilize the fertilizer market to support U.S. farmers.
Rising global supplies may cap soybean price strength, while sorghum prices hinge heavily on China’s export demand.
Strong ethanol output supports corn demand despite export weakness.
Strong crush margins — now at multi-year highs — are encouraging processors to expand production.
Crop insurance remains essential as risks and costs rise.
Weak soybean sales and soft wheat demand contrast with solid corn export strength.
