The price for a dozen eggs continues climbing as explanations turn toward blaming bird flu. However, the avian influenza may explain a recent spike, but the longer duration of escalating food price commodities is much deeper than momentary fluctuations. These are energy dependent products.
As CTH noted last year, watch egg prices as a general gauge for overall food inflation (eggs hit almost every process in the supply chain), and watch potato availability to gauge overall row crop stability (staple commodity on every plate, venue).
Additionally, as previously noted, as energy prices continue rising pay attention to the prices on ‘organic’ products. Rising energy prices drive up costs for large commercially processed food supplies at a much higher rate than smaller organic production. People are starting to notice the ‘organic’ option is almost at price parity.
Wall Street Journal – […] Wholesale prices of Midwest large eggs hit a record $5.36 a dozen in December, according to the research firm Urner Barry. Retail egg prices have increased more than any other supermarket item so far this year, climbing more than 30% from January to early December compared with the same period a year earlier, and outpacing overall food and beverage prices, according to the data firm Information Resources Inc.
For supermarkets, eggs are a staple product that most consumers pick up on trips to the grocery store, similar to milk and butter. To maintain store traffic, grocers said they have been sacrificing some profits on eggs to keep prices for consumers competitive. Some suppliers are projecting potential relief in price by February or March, but cold weather could hamper production in the near term, executives said.


However, even in the hands of the committee, strict privacy laws still applied to the tax filings unless the committee interceded and voted to make them public. That’s exactly what the Democrats in the committee did today with a party-line vote.