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
Wheat Harvest Expands As Drought Still Pressures Pastures
AgriSompo’s Brooks York discusses price protection levels, recent market declines, and risk management strategies for producers.
Illinois Pork Producers Association’s Jennifer Tirey recaps the World Pork Expo, key issues facing pork producers, and efforts to restore pork options in Chicago Public Schools.
CoBank economist Brian Earnest joins us to discuss the rapid growth of the meat snack category, shifting consumer protein demand, and how food companies are adapting to a changing retail landscape.
RealAg Radio’s Shaun Haney discusses the next generation of Canadian agricultural policy, producer priorities, concerns surrounding risk management programs, and what the framework could mean for agriculture on both sides of the border.
Corn ethanol demand and stronger oilseed processing continue supporting domestic markets for crop producers.