A recent study revealed that over 30% of Americans have stopped buying eggs due to high costs, now averaging $5.18 per dozen. Many consumers are delaying purchases until prices decrease below $5. Approximately 10% have turned to egg alternatives as they adapt to price hikes exacerbated by recent avian flu outbreaks. Experts, including Clarify Capital's CEO, indicate that such increases in staple goods reflect significant consumer distress, impacting family budgets and nutrition. The USDA is responding with financial support and investments for biosecurity to stabilize egg prices in the future.
"When staples such as eggs cost so much that they qualify as a luxury item in the average home, they put pressure on nutrition, on family budgets, and even mental well-being."
"so when they get left off shopping lists entirely, it's a sure sign that we're reaching a financial and emotional breaking point."
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