Cracking what’s behind rising egg prices in Canada

Egg prices have been on the rise in Canada, with many shocked at the high cost. (Courtesy: Unsplash/Jakub Kapusnak)

The Food Network released a video on how to cook the perfect scrambled eggs earlier this week.

While the comprehensive video with chef Jet Tila offered some great tips, it also created a lot of buzz on Twitter about the ridiculously high prices for eggs these days. 

Ontario is home to the largest number of egg producers in the country, by a large margin, according to 2021 data from Statista.
If you’re wondering why egg prices seem to have skyrocketed, you’re not alone. In fact, you’re right.

In 2021, the average cost of one dozen eggs at Canadian grocery stores was $3.62. 

Last week’s consumer price index (CPI) report showed eggs were up almost 60 per cent year-over-year and more than 11. per cent month-over-month. 

Eggs are 16.5 per cent more expensive than they were in December 2021, according to Tuesday’s CPI report.

And prices don’t appear to be decreasing anytime soon. 

One report says a dozen eggs in Toronto cost an average of $4.45 in Jan. 2023. 

Egg Farmers of Canada says Canadians need to understand that farmers don’t have an influence on how much eggs sell for in grocery stores. 

“Egg farmers do not set the retail price for eggs,” a spokesperson told Now Toronto in an email statement. “Farmers are the beginning of the supply chain, and pricing decisions beyond the farm are the result of a range of factors and business decisions between an egg grader or egg processor and their customers.”

They also noted there is an expected price decrease happening at the egg farm level, as of Jan. 29. 

“This means the price that egg farmers sell their eggs to their downstream supply chain is decreasing,” Egg Farmers of Canada said.

The spokesperson said this is driven by the cost to produce a dozen eggs, and is influenced by a number of factors, like feed, operating costs, labour and other input costs. 

“The Canadian egg industry has been focusing on mitigating the residual effects COVID-19 has had on our domestic supply chain. However, it is also important to note that the costs of feed and other critical inputs remain high.”

One thing’s for sure—these rising prices are no yolk. 

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