|Published:||Aug 25, 2010 9:48 PM EDT|
|Updated:||Aug 25, 2010 6:48 PM EDT|
PORTLAND, Ore. (AP) - Wholesale egg prices are climbing in the wake of a massive egg recall. That could lead to higher prices for consumers.
The U.S. Department of Agriculture said prices have increased markedly since Aug. 13, when the recall was first announced.
The USDA did not have a national average price available. But wholesale prices for a dozen eggs jumped around 40 percent in the New York market, to $1.27 to $1.31 this week, up from 89 to 93 cents before the recall. In the Midwest, that prices rose from 72 to 81 cents per dozen to $1.01 to $1.10.
Prices are rising in other parts of the country during what is normally the time of year when egg prices are lowest.
Those increases will likely be passed on to consumers in coming weeks.