Here’s why egg and other food prices are soaring across the US | JUST THE FAQS

From eggs to butter, grocery prices are still on the rise in 2023. Here's what that means for the U.S. economy.

RELATED: Food prices rising: Here's why your groceries will cost more

Shoppers across the nation have been scrambling for months to keep up with soaring egg prices.

Prices continue to skyrocket – up 60% in December from a year earlier. Last year, the average price for a dozen large Grade A eggs in the U.S. was $1.93 in January. By December, when egg demand peaked, the price surged to $4.25.

The high prices prompted a "He went to Kroger" meme, with an egg in place of an engagement ring in the "He went to Jared" jewelry advertisement. Here's when we can expect egg prices to drop and what we can do in the meantime.

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23 comments

  1. I mean the new generation you just have to prepare them early because it’s definitely going to be hard with a new generation for sure

  2. In the past five years the population of the country has gone up about 10 million people. Higher demand = higher prices.

  3. Do you think that perhaps when President cabbage brain flooded the U.S. economy with 3,000,000,000 newly printed dollar bills and limited the refining of crude oil may have contributed to inflation ? Anyway, that’s what I was taught in economics class , but the monetary theory may have changed since I was in school.

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  6. The first food, I taught my kids to cook was eggs.
    I told them, even if times get hard, you can always afford eggs. 😆🤣

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