Current Reasons Behind the High Cost of Eggs at Present
Grocery bills are skyrocketing, and you might've noticed the steep rise in egg prices. According to recent consumer price index data, the cost of eggs has surged an astounding 36.8% in a year, while overall food prices have only increased by 2.5%. This new trend is being called 'eggflation'. Let's dive into the reasons behind this price surge and some tips to help you save during this egg-pensive time.
The Cause of Eggflation
The soaring cost of eggs is a result of both increased demand and widespread avian flu outbreaks, as per the U.S. Department of Agriculture (USDA). Since October, numerous states have been hit by continual large-scale avian flu outbreaks, leading to a significant decrease in the U.S. flock of egg-laying hens. Additionally, folks are switching to proteins like eggs and poultry due to health trends, further increasing demand.
Unfortunately, these high prices and low supply are expected to continue until producers successfully rebuild their flocks, and the USDA continues to report new bird flu cases across the country.
Cope with Eggflation
With egg prices showing no signs of dropping, these tips can help you cut costs.
Buy in Bulk
Buying eggs in bulk can save you money, but it's crucial to properly store them to avoid waste. You can store whole raw eggs in the shell for up to three to five weeks in the refrigerator. Look for the pack date and use dates on egg cartons as a guide. If you're buying in bulk and prices drop, don't forget to stock up for future use. You can even freeze whole eggs for up to a year, by first beating yolks and whites together.
Go for Generic
Brand-name eggs can cost more, so opt for store-brand options. They may lack the premium label, but they'll do the job just as well.
Get Creative with Alternatives
If you're tired of breaking the bank for eggs, why not explore some alternatives? Bakers have long relied on egg substitutes, such as ground flax, mashed bananas, or even chickpea liquid. Incorporating these alternatives into your favorite recipes can help you save during this egg-ceptional period.
In conclusion, avian flu outbreaks and increased demand are driving egg prices up. To combat this 'eggflation', embrace buying in bulk, opt for store-brand options, and get creative with alternative ingredients. With a bit of flexibility and resourcefulness, you can navigate these costly times and keep your kitchen going strong.
Why are eggs becoming increasingly expensive? The primary reasons are an increase in demand and widespread avian flu outbreaks, as reported by the U.S. Department of Agriculture. Money is being spent more on eggs due to these factors, contributing to the soaring grocery costs.
Since purchasing eggs in bulk and storing them properly can save you money, it might be beneficial to consider this option to avoid waste and take advantage of potential price drops in the future.
