You’ll shovel out more money paying for eggs than a pound of ground beef. Wait, what?

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
Year-to-date red meat production is down 2 percent, with beef lower and pork higher.
For producers, demand is strong, but drought, disease, and costs still shape supply.
Butter has softened as milkfat supplies remain ample.
Drought and Planting Shape Weekly Crop Condition Recap
Jake Charleston with Specialty Risk Insurance says recent futures market moves are leaving cattle producers unsure about price trends.
Drought remains a major risk, with the ERS reporting that 98 percent of the U.S. cotton production area was affected by drought in early May.

LATEST STORIES BY THIS AUTHOR:

USMEF President and CEO Dan Halstrom joins us to discuss China’s renewed access for U.S. beef facilities, the outlook for exports, and key conversations taking place at this week’s Spring Conference.
The work could apply to ready-to-eat meals and delicate foods such as freeze-dried berries.
Tennessee 4-H’ers Allie Paschall and Ramey Boone join us to discuss summer opportunities in 4-H, youth leadership development, and community involvement across Tennessee.
Brad Anderson with AARP joined us to preview AARP Live and discuss the importance of disaster preparedness and family planning.
North Dakota FFA President Cole Anderson joins us to discuss the upcoming state convention, leadership lessons, and what FFA means to students across the state.
Fred Nichols with Huma joins us to discuss the 4 R’s of nutrient stewardship and how farmers are adapting best practices in today’s evolving ag economy.