While the cost of food is on the decline, breakfast lovers continue to reel from their dented wallets as the price of eggs and orange juice remain up.
Inflation has not been kind to the egg aficionados with prices as high as $7.37 for a dozen in states like California as recently as December and there are currently no signs of reprieve. Elsewhere, prices are cheaper than those in the Golden State but still expensive relative to the area. In December, the average U.S. price of eggs was $4.25
Supply chain disruptions have been identified as at least one of the issues causing prices to remain high but the avian bird flu has really wreaked havoc on the poultry industry. Right now, the market is experiencing the worst cases of bird flu and as a result more than 44 million egg-laying hens have died.
The issue is compounded when chickens that are at risk of contracting bird flu are euthanized in an effort to mitigate the spread. The New York Times reported that the depopulating of healthy birds on top of those that have succumbed to illness has slashed the nation's egg supply by more than 7 percent.
With egg demand peaking in December, customers could see a dropoff in price in the coming months.
While your scrambled eggs might cost a little less in the future, if you want to wash them down with some OJ, it will cost you.
Florida is currently experiencing its smallest citrus crop since the 1936-1937 season and it all started in early 2022. A January deep freeze in the sunshine state stunted growth of fruits, then Hurricane Ian bombarded the state and it was hit with another major hurricane in Nicole two months later in November.
The biggest culprit in the rise in cost of Florida oranges is the ongoing citrus tree disease. The disease, which causes leaves and fruit to drop prematurely, is typically spread via major rain events like hurricanes or through insects.
The U.S. Department of Agriculture anticipates around 20 million boxes of oranges to be produced this year, which is a 51 percent drop off from 2022.
Music group North Star Boys joins Cheddar News to discuss their debut single, shutting down Times Square, and representing the Asian community through music.
On this episode of ChedHER: Author of 'The Glass Ledge: How to Break Through Self-Sabotage, Embrace Your Power, and Create Your Success' discusses what exactly the 'glass ledge' is and how to overcome negative self-perception; Co-Owner of Wanderlust Creamery explains the story behind launching her very own ice cream business, and how she's overcome hurdles as a business owner; Chief Marketing Officer at Great Learning and Capacity Planning Analyst at Salesforce discuss how upskilling can help you advance in your career.
Adrienne Borlongan, Co-Owner of Wanderlust Creamery, joins ChedHER to discuss the story behind launching her very own ice cream business, and how she's overcome hurdles as a business owner.
Iman Oubou, Author of 'The Glass Ledge: How to Break Through Self-Sabotage, Embrace Your Power, and Create Your Success,' joins ChedHER to discuss what exactly the 'glass ledge' is and how to overcome negative self-perception.
Aparna Mahesh, Chief Marketing Officer at Great Learning, and Brandy Murray, Capacity Planning Analyst at Salesforce and Great Learning learner, join ChedHER to discuss how upskilling can help you advance in your career.
Umbilical cord blood banking platform Anja Health raised $4.5 million dollars in a seed round led by Seven Seven Six, a venture capital firm founded by Reddit co-founder Alexis Ohanian. Anja Health offers a personalized, doctor-backed cord blood bank, which lets new parents freeze stem cells from their child's umbilical cord so they can be used to treat diseases in the future. It's a process Anja has called 'Hollywood's best-kept secret,' as celebrities like Kylie Jenner, Serena Williams, and more have all banked their umbilical cord blood. Kathryn Cross, the founder of Anja Health, joins Cheddar News' Closing Bell to discuss.
Actor Jimmy O. Yang is partnering with Chinese food chain Panda Express for his YouTube series "Jimmy's Kitchen." The comedian joined Cheddar News to talk about the partnership as well as upcoming ventures. "Panda Express could not be more perfect like even before this deal, I was just wearing a Panda Express hat for fun when I go outside," he said.
Indianapolis Colts owner Jim Irsay is displaying his world-renowned collection of historic memorabilia to the public for the first time in the Big Apple. Irsay joined Cheddar News to talk about why he's bringing artifacts from the Beatles to Jerry Garcia to light now. "I borrow all this stuff, you know, and I just feel kind of an obligation to share it with the public and make it come alive if you will," he said.
