Thieves in Pennsylvania made off with more than 100,000 eggs from a grocer, intensifying concerns amidst skyrocketing egg prices due to the ongoing bird flu epidemic. Authorities reported the heist occurred on February 1, targeting a lorry at Pete & Gerry's Organics in Greencastle. The stolen eggs are valued at approximately $40,000 (£32,000), highlighting the broader economic impact of the avian crisis.
The rise in egg prices has been drastic, with a 65% surge reported over the past year, according to US government data. In December 2022, the average price for a carton of eggs was $2.51. A year later, this figure climbed to $4.15. The agriculture department forecasts an additional 20% increase by 2025, a testament to the persistent effects of the bird flu outbreak that began in 2022.
The epidemic has affected birds across the United States and has led to isolated outbreaks among cattle and mammals. Although human infections remain rare, the disease's impact on poultry has been severe, leading to significant supply disruptions and price hikes.
In response to the soaring egg prices, the US diner chain Waffle House introduced a $0.50 surcharge for its customers. This "temporary targeted surcharge" aims to offset the financial strain imposed by rising costs, as explained by a representative from Waffle House.
"temporary targeted surcharge tied to the unprecedented rise in egg prices" – Waffle House
The agriculture department has been closely monitoring the situation, acknowledging that December alone witnessed an 8% increase in egg prices. The department continues to study the epidemic's effects on both prices and supply chains.
This incident in Pennsylvania not only underscores the economic ramifications of the bird flu epidemic but also highlights the challenges faced by consumers and businesses alike. As egg prices continue to climb, both retailers and diners are forced to adapt to these sudden market changes.