If you’re celebrating Easter with a good old egg hunt or you want to make a nice brunch for the holiday then be prepared to pay a bigger chunk of change when you travel to the grocery store this weekend.
Wholesale-egg prices have topped $1.85 per dozen as of Mar. 28. Prices have soared 46 percent from last year, and have more than doubled the 87 cents from five years ago, according to Bloomberg News.
Add eggs to the basket of rising food prices, along with meat, fish, vegetables and fruit.
The price hike will attempt to be remedied as producers are attempting to expand their hen flocks and feed the animals with cheap grain. Egg output is projected to jump 1.1 percent this year to 8.4 billion one-dozen cases.
It’s quite possible that Paul Krugman won’t be eating eggs this year.
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