What is the USDA's prediction about egg prices for the end of this year?
According to CBS News MoneyWatch correspondent Kelly O'Grady, the USDA predicts a 20% increase in egg prices by the end of this year. This concerning forecast continues the trend of significant inflation affecting grocery costs, particularly for this essential food item. Egg prices have already experienced historic inflation, reaching an average of $4.95 per dozen in 2023. The anticipated price hike is expected to impact consumer buying habits and potentially affect prices of other proteins as shoppers adjust their purchasing decisions in response to rising costs.
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USDA Predictions on Egg Prices
CBS News·8 months ago
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