Egg prices in Texas are soaring, with a dozen eggs now averaging around $8, a sharp increase from the $1.75 price in 2021.
This price hike has nothing to do with the economy or politics but is directly linked to the ongoing bird flu crisis, which has resulted in the loss of a large number of laying hens.
As a result, supply has plummeted, causing egg prices to spike.
The basic economic principle of supply and demand is at play: fewer chickens mean fewer eggs, leading to higher prices.
While the immediate future may see prices remain high, the hope is that the chicken population will recover over time.
However, the restoration of egg prices is not immediate. Rebuilding the chicken population will take time, and some businesses may even take advantage of the current situation to maintain inflated prices.
Historically, prices were much lower—back in 1996, a dozen eggs cost just $1.31, and in 2016, they were still around $1.38.
The key to reducing prices is ensuring that hens remain healthy. Once that happens, we can expect egg prices to return to more reasonable levels.
For now, Texans will have to wait for the chickens to recover and egg prices to stabilize.
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