Wholesale egg prices are up about 40% since the start of a major recall, and consumers will likely see increases at the store, too, industry analysts say.
The wholesale price for a dozen large eggs in the Northeast is up 38% since the first salmonella-inspired recall on Aug. 13, says market researcher Urner Barry Publications.
Urner Barry tracks prices nationwide. Other regions have seen similar increases, says Richard Brown, vice president. In the past five years, egg prices rose 9% from early to late August as kids returned to school, Brown says.
Retailers may not have passed all or any of the increases on to consumers. But they will, predicts Len Steiner, industry analyst with SteinerConsulting.com.
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