Canadian consumers can expect to shell out more money for eggs this summer as the country’s largest egg producer and supplier is set to raise the prices it charges supermarkets and independent retailers yet again.
A Burnbrae Farms pricing list seen by the Star shows that egg prices are going up by at least four cents a dozen effective June 11, marking the second price increase from the company in nearly three months. These costs are passed on to grocers, who say there is no transparency from the producer regarding where the increases are coming from and that they have no choice but to pass the hikes on to consumers.
The cost of eggs has been steadily increasing along with inflation and supply-chain issues throughout the pandemic. According to Statistics Canada, egg prices climbed 16.5 per cent year-over-year.a dozen, which it said was due to its increasing costs as a processor and distributor. First introduced in the dairy industry in the 1960s before expanding into eggs and poultry, supply-management is a system thatand trade of dairy, poultry and eggs in Canada. It’s intended to address issues such as fluctuating supply and price volatility, but critics say it leads to higher prices for Canadians while stifling innovation and export opportunities.
But while egg prices here have risen in the last couple of years, it’s a fraction of the costs recorded in other countries such as the U.S. The U.S. Department of Agriculture said egg prices were up 59.9 per cent in December compared with a year earlier.
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