Surge in egg prices affecting restaurants
By BloombergBusiness
Record-high egg prices in the U.S. are forcing restaurants to get creative with their advertisements.
Denny’s Corp. is pushing burgers instead of omelets, while Dunkin’ Donuts is advertising smoothies and iced coffees. Panda Express has swapped in corn for the eggs in its fried rice.
Blame bird flu for the changes. The worst U.S. outbreak of the disease killed more than 48 million fowl in the six months through mid-June. That sent prices surging 31 percent to a record $2.57 for a dozen large eggs in June, according to the Bureau of Labor Statistics. Consumers paid just $1.96 in May.
Guess the Tahoe mark up on eggs is more than on gasoline even. A look at our local supermarkets markets would have one think $2.57 a dozen is a half off sale.
It is not “bird flu”. It is the institutionalized lack of quality control that is pervasive in today’s business environment. They sacrifice quality every day in pursuit of more profit. That has led to decreased attention to the health of food products. Once again, it is greed that is the root of many of our problems.
Halloween pranks are sure getting expensive!!
I do not eat eggs. But more power to those that do.I just don’t care for them personally…allergic to them as a kid. I will eat a loaf of bread with eggs baked into the bread mix and can seem to stomach it. Fried, scrambeled, ommelet,hard boiled? Never!
Happy egg trails, OLS