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.
Many brands and industries are announcing their predictions for new trends to watch in 2022. According to Forbes, cooking robots and plant-based meat are just some of the many food trends that are expected to dominate. Jeff Crivello, CEO of BBQ Holdings, joins Cheddar News to discuss more.
YouTube star and dancer JoJo Siwa and mom Jess Siwa joined Cheddar's "Between Bells" to talk about their show "Dance Pop Revolution" alongside their girl-group XOMG Pop who were formed from the show's competitors. JoJo, who got her own start on Lifetime's "Dance Moms," talked about the differences between competing at such a young age to having the opportunity to executive produce her own project. She also talked about her time on ABC's "Dancing With the Stars" and competing as the franchise's first same-sex couple.
Boxed, an e-commerce grocery platform that sells bulk consumables to businesses and household customers, began trading under the ticket symbol "BOXD" after completing a transaction with SPAC Seven Oaks Acquisition. Chieh Huang, co-founder and CEO of Boxed joins Cheddar News to talk about the company's growth.
Live music took a big hit last year, and many artists had to cancel or postpone their tours to 2022. Many partnered with the graphic novel company Z2 Comics to make money by creating unique comic book stories. Josh Bernstein, executive vice president of Z2 Comics, and Sridhar Reddy, founder and publisher at Z2 Comics, join Cheddar News to talk about the company's popularity.
On this episode of Your Future Home, Ryan Trudell, VP of Landscape Architecture, Creative Environments, breaks down factors that have led homeowners to become wearier of their living spaces, driving greater demand for outdoor living experiences; Jean Chatzky, CEO of HerMoney.com, discusses ways new homeowners can protect their budget and restore some peace of mind—even if they’ve made the decision to waive an inspection; Cheddar breaks down everything you need to know about how to properly winterize your home.
Not only do outdoor living environments increase the number of spaces you now have for entertainment, but you will see a high return on investment and add value to your home. Ryan Trudell, VP of Landscape Architecture, Creative Environments, joins Your Future Home to break down factors that have led homeowners to become wearier of their living spaces, driving greater demand for outdoor living experiences.
Jean Chatzky, CEO of HerMoney.com, joins Your Future Home to discuss ways new homeowners can protect their budget and restore some peace of mind—even if they’ve made the decision to waive an inspection.
