Egg prices skyrocketing as customers panic shop during coronavirus crisis

Coronavirus

(WHTM) — Americans are stockpiling eggs during the coronavirus pandemic as they cook more meals at home, and that’s leading to supply shortages and a spike in prices at some supermarkets.

Latest coronavirus in Wisconsin updates

According to the most recent Nielsen data, egg sales went up 44% for the week ending March 14 compared with a year ago.

Walmart and other big grocers have set limits in recent days on purchases of eggs and other high-demand products.

Related: SAFER AT HOME: How will it affect daily life and does your business or employer need to close?

A commodity market research firm says retailers are ordering up to six times their normal egg volumes and they’ve depleted the supply that producers were beginning to build for Easter.

Meanwhile, wholesale egg prices have risen 180% since the beginning of March.

WISCONSIN CORONAVIRUS COVERAGE

WFRV COVID-19 Coverage | Confirmed cases in Wisconsin
Tracking coronavirus | Local health experts talk coronavirus
Stimulus check calculator| Local businesses hiring during outbreak

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Don't Miss

More Don't Miss

Coronavirus News

More Coronavirus

Trending Stories

Your Local Election HQ

More Election

Local Sports

West De Pere hires Chris Greisen

Thumbnail for the video titled "West De Pere hires Chris Greisen"

Minor leaguer Scott Schreiber adjusting to new normal at home

Thumbnail for the video titled "Minor leaguer Scott Schreiber adjusting to new normal at home"

Catching up with the Gamblers

Thumbnail for the video titled "Catching up with the Gamblers"

Catching up with Oren Burks

Thumbnail for the video titled "Catching up with Oren Burks"

Catching up with Allen Lazard

Thumbnail for the video titled "Catching up with Allen Lazard"

Green Bay Nation: assessing the offseason

Thumbnail for the video titled "Green Bay Nation: assessing the offseason"