Relieved that your state has been spared by the ongoing egg-pocalypse? Not so fast.
The nationwide egg recall that was recently expanded to include more than half a billion eggs has caused wholesale egg prices to rise nearly 40% since the recall began earlier this month, according to market researcher Urner Barry Publications. While some retailers have yet to pass this price increase on to consumers, consumers should expect some sticker shock in the near future.
The price increase comes despite a drop in consumer demand in the wake of the salmonella outbreak that prompted the recall. This drop in demand has been partially offset by an increased demand for organic and locally-produced eggs, which were not part of the recall .
According to the report, the wholesale price of a dozen eggs has risen 38% since the recall began less than two weeks ago, and now stands at $1.35 a dozen. A similar increase in retail prices would see the cost of a $2.00 carton of eggs jump to around $2.75 a dozen.
The recall began Aug. 13 with the announcement that eggs produced by Wright County Egg of Galt, Iowa, were potentially contaminated with salmonella. The recall was later expanded to include 380 million eggs and 17 states, and expanded again last week to include eggs produced by another Iowa company, Hillandale farms.
The FDA has advised consumers to throw out or return eggs included in the recall. Symptoms of salmonella include fever, diarrhea, nausea, vomiting and abdominal pain. For more information on determining whether your eggs are included in the recall, visit eggsafety.org.
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