Bird flu has hit the poultry and egg market. Prices on eggs will be inflated all year.
While the worst avian-influenza outbreak in U.S. history has tightened supplies of the staple, grocers have managed to avert shortages so far.
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Egg prices are hitting records, driven by an avian-influenza outbreak that has killed tens of millions of chickens and turkeys this year across nearly all 50 states.
Wholesale prices of Midwest large eggs hit a record $5.36 a dozen in December, according to the research firm Urner Barry. Retail egg prices have increased more than any other supermarket item so far this year, climbing more than 30% from January to early December compared with the same period a year earlier, and outpacing overall food and beverage prices, according to the data firm Information Resources Inc.