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- Egg prices are soaring, straining many food banks' ability to meet demand for ...
Soaring Egg Prices Strain Food Banks and Stretch Budgets
The Escalating Cost of Eggs: A Burden on Households and Businesses
Egg prices have skyrocketed, leaving shoppers frustrated and placing a strain on budgets for food banks and small businesses that rely on them. The recent spread of avian influenza has significantly reduced egg availability, contributing to the surge in prices.
As eggs experience their largest monthly price hike in a decade, organizations like CommUnity Crisis Services are struggling to keep up with demand. This comes as low-income Americans increasingly rely on food banks to supplement their grocery purchases.
Food Banks Adjust to Rising Prices
Eggs, an affordable and accessible protein source, have become less readily available. Food banks, which rely heavily on donations and purchases, are facing challenges in meeting the growing demand for eggs.
Due to the price spikes, many food banks have been forced to pause egg purchases. Instead, they are pivoting to more cost-effective protein sources like canned meat and peanut butter.
Egg Prices Contribute to Inflation and Food Insecurity
The rising cost of eggs has contributed to overall inflation, making grocery bills steeper for shoppers. This is particularly concerning for food banks, which serve millions of Americans struggling with food insecurity.
One in seven US households faces food insecurity, and local food banks often provide vital assistance to low-income individuals who do not qualify for government programs like SNAP.
Rising Food Costs Exacerbate Demand for Food Banks
Food banks across the country are experiencing increased demand due to rising food costs. The Food Bank of Western Massachusetts has not yet encountered supply interruptions, but others report significant challenges.
Krystal Kabela, manager of a food bank in Iowa, has noticed a growing reliance on her organization. The high cost of eggs, coupled with other price increases, makes it more difficult for food banks to meet the needs of their communities.
