Market Alert – Eggs – March 13, 2020

Don’t be shell shocked, but egg prices are on the rise.

Due to the extreme increase in demand amidst Coronavirus concerns, egg demand has spiked causing limited availability.

Consumers are responding to the COVID-19 pandemic in the same way they would a blizzard – stockpiling. Large-sized eggs are most scarce given this size is most commonly purchased by consumers in retail outlets. Supplies of jumbo, extra-large, and to a slightly lesser degree, medium eggs are less available. Expect to see substitutions in an attempt to satisfy needs.

Liquid eggs are an alternative, but they will start to surge as well given they will be substituted for shell eggs.

Royal will continue to update you should the egg situation change.