One effect has been a rebound for the chicken and pork industries.
It’s not just eggs getting expensive. Beef prices have also been on the rise, with executives at various companies noting in recent earnings calls that it’s creating significant challenges.
In January, prices for beef and veal rose 5.5%, outpacing the entire food-at-home category, which rose 1.9%, according to the Labor Department's Consumer Price Index.
Courtney Schmidt, Sector Manager at Wells Fargo Agri-Food Institute, told FOX Business the uptick in beef prices is driven by tighter U.S. beef production with consistent consumer demand.
EGG PRICES PREDICTED TO JUMP OVER 40% IN 2025: USDA
Currently, the U.S. cattle herd is experiencing a down cycle, with cattle inventories at historically low levels in 2025, according to Schmidt.