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Egg prices soar in U.S. Whats keeping Canadas prices stable? – National [Video]

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Canadian National News

Egg prices in the United States continue to crack under pressure while in Canada they remain relatively stable — and even late-night TV is taking notice.

On The Late Show with Stephen Colbert Tuesday night, the host couldn’t resist a jab at the price gap, joking that while Americans face egg rations, Canadians are “yolking it up” with their cheaper cartons.

“F— it, I’m with Trump  — let’s bomb Saskatchewan,” Colbert joked.

But behind the joke is a serious issue driving up costs in the U.S. — a relentless outbreak of bird flu that is devastating poultry farms, forcing farmers to kill millions of chickens and sending egg prices soaring.

The average cost of a dozen large eggs was USD$4.15 in December, according to the Bureau of Labor Statistics. This marks a 37 per cent increase from the previous year. Egg prices could go even higher, with the United States Department of Agriculture predicting costs to rise 20 per cent

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