Egg Shortage Due to Avian Flu

SOURCE www.ibtimes.com
Avian flu has caused an egg shortage, leading grocery stores like Costco and Trader Joe's to limit purchases. Trader Joe's allows one dozen eggs per day, Sprouts Farmers Market limits to four dozen per visit, and Costco imposes a three-package limit per person.

Key Points

  • Avian flu led to the deaths of over 40 million egg-laying birds
  • Egg prices have increased by 14% and are expected to rise by another 20% this year
  • Some states have reported egg prices of $9 or more per carton

Pros

  • Limits set by stores may help ensure more customers have access to eggs
  • Awareness of the issue may lead to better resource management and planning in the future

Cons

  • Shortages may lead to price increases and inconvenience for customers
  • Panic buying behavior can exacerbate the problem