We spoke with Agriculture Secretary Brooke Rawlings, who says it may take until the summer to see the effects of the Trump administration’s new plan to bring down egg prices. Rawlins says the USDA has *** 5 point plan bringing more hens into repopulating flocks, removing red tape to help the industry grow, considering temporary egg imports, testing vaccines that protect chickens. And helping farmers prevent the number one reason for their flocks dying and prices rising, the bird flu. The outbreak, which started in 2022, has been the largest factor behind costs, despite prices becoming *** political issue shorthand for inflation during the presidential campaign. So it all went up, but eggs, you know, when, when groceries are going like this, eggs went like this, and there are *** lot of reasons for that. Avian bird flu is. is certainly one of the key drivers, but also overregulation, the increased cost of input, the increased cost of energy, all of that drives our um our goods. The average price for *** dozen eggs this month is *** record. It’s right now at $4.95 and the USDA says it’s expected to go up about another $2. In Washington, I’m Amy Lo.
New data shows egg prices up 10.4%. Here’s what else is costing you more
Food prices rose by 0.2% in February, fueled by increases in the indexes for eggs, meats, poultry, fish and beef, according to new data from the Consumer Price Index.
Food prices rose by 0.2% in February, fueled by increases in the indexes for eggs, meats, poultry, fish and beef, according to new data from the Consumer Price Index.Egg prices have skyrocketed by nearly 59% over the past year, marking the largest increase among all food items. In February, the average price of a dozen large grade A eggs reached $5.90, according to data from the U.S. Bureau of Labor Statistics (BLS).Related video above: Trump administration unveils 5-part plan to reduce egg pricesEach month, the BLS releases the Consumer Price Index (CPI) report, which tracks changes in the prices consumers pay for goods and services. In February, the CPI rose by 2.8% over the past 12 months, slowing down from a 3% increase in January.The price for the grouped index for meats, poultry, fish and eggs increased by 1.6% last month, with beef prices rising by 2.4%.Cereals and bakery products also became pricier, with their price index increasing by 0.4% in February after falling by 0.4% in January.Not all food prices increased in February. Tomatoes were less expensive, dropping by 3.2%. Peanut butter, cookies, bacon, ham, canned fruits and ice cream also became more affordable, with prices falling by at least 2%Curious to see how the prices of your grocery items changed in February? You can check it in the food inflation monitor below. PHNjcmlwdCB0eXBlPSJ0ZXh0L2phdmFzY3JpcHQiPiFmdW5jdGlvbigpeyJ1c2Ugc3RyaWN0Ijt3aW5kb3cuYWRkRXZlbnRMaXN0ZW5lcigibWVzc2FnZSIsKGZ1bmN0aW9uKGUpe2lmKHZvaWQgMCE9PWUuZGF0YVsiZGF0YXdyYXBwZXItaGVpZ2h0Il0pe3ZhciB0PWRvY3VtZW50LnF1ZXJ5U2VsZWN0b3JBbGwoImlmcmFtZSIpO2Zvcih2YXIgYSBpbiBlLmRhdGFbImRhdGF3cmFwcGVyLWhlaWdodCJdKWZvcih2YXIgcj0wO3I8dC5sZW5ndGg7cisrKXtpZih0W3JdLmNvbnRlbnRXaW5kb3c9PT1lLnNvdXJjZSl0W3JdLnN0eWxlLmhlaWdodD1lLmRhdGFbImRhdGF3cmFwcGVyLWhlaWdodCJdW2FdKyJweCJ9fX0pKX0oKTs8L3NjcmlwdD4K
Food prices rose by 0.2% in February, fueled by increases in the indexes for eggs, meats, poultry, fish and beef, according to new data from the Consumer Price Index.
Egg prices have skyrocketed by nearly 59% over the past year, marking the largest increase among all food items. In February, the average price of a dozen large grade A eggs reached $5.90, according to data from the U.S. Bureau of Labor Statistics (BLS).
Related video above: Trump administration unveils 5-part plan to reduce egg prices
Each month, the BLS releases the Consumer Price Index (CPI) report, which tracks changes in the prices consumers pay for goods and services. In February, the CPI rose by 2.8% over the past 12 months, slowing down from a 3% increase in January.
The price for the grouped index for meats, poultry, fish and eggs increased by 1.6% last month, with beef prices rising by 2.4%.
Cereals and bakery products also became pricier, with their price index increasing by 0.4% in February after falling by 0.4% in January.
Not all food prices increased in February. Tomatoes were less expensive, dropping by 3.2%. Peanut butter, cookies, bacon, ham, canned fruits and ice cream also became more affordable, with prices falling by at least 2%
Curious to see how the prices of your grocery items changed in February? You can check it in the food inflation monitor below.
