Egg prices are absolutely soaring, while chicken meat prices have been well-grounded. What gives? Team FRED Blog never wants to sound like Chicken Little, but we also don’t want to walk on eggshells. So, first, let’s simply look at the data: The FRED graph above shows that the average price of whole fresh chickens (in brown) rose 13% between January and December 2022 while the average price of eggs (in yellow) rose 120%. That’s 10 times faster! Now let’s combine these data with some reporting from the US Department of Agriculture: During 2022, repeated outbreaks of avian influenza ravaged farm flocks of egg-laying ... (full story)