Trump Promised To Bring Food, Egg Prices Under Control Starting Day One, But They Are Still High: Expert Mocks Alternatives Being Suggested
ICLE Chief Economist Brian Albrecht was quoted in this Benzinga IndiaBstory on skyrocketing food and egg prices. Read full story here.
The price surge stems from a devastating two-year bird flu outbreak that killed approximately 17.2 million egg-laying hens in November and December alone. The U.S. Department of Agriculture projects another 20.3% price increase throughout 2025, compounding concerns about food inflation.
Brian Albrecht, Chief Economist at the International Center for Law & Economics, attributed the rising egg prices primarily to a supply shock. “Lots seem to think monopoly power exacerbated the shock. It’s taken for granted that’s how it works,” he wrote on Tuesday.