U.S. egg prices skyrocketing because of coronavirus panic shopping

Americans are stockpiling eggs during the coronavirus crisis as they cook more meals at home. That’s leading to supply shortages and a spike in prices at some supermarkets.

Egg sales increased 44 per cent for the week ending on March 14 compared with a year ago, according to the most recent Nielsen data.

Walmart and other big grocers have implemented limits in recent days on purchases of eggs, cleaning supplies and other products that are in high demand from customers.

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