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AP reports that the national average US retail price of a dozen eggs reached $3.59 in November, up from $1.72 a year earlier. The increase is squeezing consumer budgets and the margins of restaurants and bakeries that rely on eggs.
Retail egg price pressure reflects tight layer supply from avian flu, but the story describes consumer impact rather than a new shock to commodity supply or demand.
apnews.comJosh FunkJan 11, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
