Last week an influential group of nutrition scientists indicated that the USDA may drop the 50-year-old warning against eating foods that contain cholesterol, making eggs an even healthier option for Americans. This claim, which may be taken into effect over the next six months, will surely help egg sales, which have already grown to $4.5 billion over the last year.
Why the recent spike in egg prices? It’s all due to California’s new animal-welfare laws, which went into effect the beginning of this year. The new law requires California egg farmers, and out-of-state farmers selling to California, provide roomier cages for their hens or less hens per cage. With the state of California being the largest consumer of eggs, California has to import about a third of its supply from farmers in other states, which impacts the cost of egg prices at store shelves nationwide.
? Supply and demand - how the California law affects egg prices nationwide
? Laws on egg production and hen cage space
? Why Eggland’s Best prices are not impacted by this law
About Charlie T. Lanktree:
Charlie T. Lanktree, President and CEO of Eggland’s Best, has been in the development and marketing of health-based foods for more than 30 years. He has helped revolutionize the egg industry and is responsible for sales of double digit growth for more than 17 years. Lanktree’s personal relationship with Eggland’s Best began in 1990 when he developed, introduced, and marketed the first and only nationally branded egg through a franchisee sales, production, and distribution network considered to be the strongest in the industry.