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.
Jeff Zucker has resigned as CNN's president, writing in a memo he failed to disclose a romantic relationship with a colleague. Zucker admitted to the relationship, which he described as consensual, during the investigation into former CNN anchor Chris Cuomo's behavior. Seth Schachner, managing director of StratAmericas, joined Cheddar to discuss where does this abrupt resignation leaves the network.
On this episode of Cheddar Reveals, Dr. Ashley Farmer, Historian, Associate Professor at the University of Texas at Austin & Author of "Remaking Black Power: How Black Women Transformed an Era", shines a spotlight on some of the women overlooked by history that had a profound influence on the American Civil Rights and Black Power Movements.
Katie Rainge-Briggs, Exhibition and Collections Manager, National Museum of African American Music, explores the deep influence of Black music and musicians on modern American Culture; Cheddar gets a look at Curiosity Stream's 'Beyond the Spotlight'.
Dr. Ashley Farmer, Historian, Associate Professor at University of Texas at Austin & Author of "Remaking Black Power: How Black Women Transformed an Era", joins Cheddar Reveals to shine a spotlight on some of the women overlooked by history that had a profound influence on the American Civil Rights and Black Power Movements.
Katie Rainge-Briggs, Exhibition and Collections Manager, National Museum of African American Music, joins Cheddar Reveals to explore the deep influence of Black music and musicians on modern American Culture.
Women's health company Organon will give its over 9,000 employees a paid day off on International Women's Day.
The move comes as the company aims to recognize the growing health inequities women have faced during the Covid-19 pandemic. Kevin Ali, Chief Executive Officer, Organon joined Cheddar's Opening Bell to discuss.
The pressure is on for UK Prime Minister Boris Johnson - after his closest aides handed in their resignations this week.
It comes after a report found that 16 parties had taken place at Downing Street while Covid lockdown protocols were in place in the region. Ari Aramesh, Attorney & National Security/Foreign Policy Analyst joined Cheddar's Opening Bell to discuss.
From 'The Dating Game' to 'Sexy Beasts' the world has always fallen in love with reality romance. Just in time for Valentine's Day, None Of The Above's J.D. Durkin takes us through a brief history of dating shows.
Yumeka Rushing, Chief Strategy Officer at the NAACP, talks about the private sector's commitment toward racial equity and how the NAACP is attracting younger Americans to the organization's latest initiatives.
