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1:53Now PlayingHere's why egg and other food prices are soaring across the US | JUST THE FAQS
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January 20, 2023
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1:53Now PlayingFrom eggs to butter, grocery prices are still on the rise in 2023. Here's what that means for the U.S. economy.
RELATEDFood prices risingHere'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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