Egg prices have doubled since January 2024 due to the avian flu.
by Michael Pappano and Peter Charalambous
ABC News
For the last 130 years, four generations of Ernest Lepore’s family have baked the pastries – cream puffs, cannoli, sfogliatelle – that have come to define Manhattan’s Little Italy neighborhood, withstanding wars, economic downturns and drastic changes to the neighborhood that his family calls home.
But with the soaring cost of eggs – a staple ingredient in nearly half their products – it’s becoming increasingly difficult for Ferrara Bakery to avoid raising their prices.
“We can’t keep passing on costs to our guests,” Ferrara’s president, Ernest Lepore, told ABC News. “As you move closer to Easter, eggs are just growing exponentially in price. I can’t do anything about it.”
Egg prices have skyrocketed over the last year, reaching historic highs, and wholesale shoppers like small businesses were paying over $8 for a dozen eggs last week.