The price of eggs in America cannot be explained by inflation alone
You can’t make an omelette without breaking antitrust laws
When the holiday-induced baking frenzy passed and demand for snickerdoodles slowed, many thought egg prices would fall. The cost of a dozen had surged by more than that of any other supermarket item, from $1.79 to $4.25 in the year to December 2022. Could they get any pricier? Indeed they could. When January came to a close, Joe Biden told America that food inflation was cooling. But egg prices had risen by another 13.5%.
This article appeared in the United States section of the print edition under the headline “Eggstortionate”
United States March 18th 2023
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