Egg prices are surging in Japan largely because the cost of feeding hens is too. Russia's invasion of Ukraine sent those prices rocketing, and the spread of bird flu in the country has made matters worse.
A subsidiary of the National Federation of Agricultural Cooperative Associations says the average wholesale price of medium-sized eggs in Tokyo was 262 yen, or about 1.9 dollars per kilogram in November.
That's up 26.5 percent from a year earlier and is the highest on record for that month.
Eggs aren't usually as susceptible to price swings as some food items in Japan. They are so important to the food industry that manufacturers have built-in a high degree of efficiency that usually absorbs any external price pressures.
A subsidiary of the National Federation of Agricultural Cooperative Associations says the average wholesale price of medium-sized eggs in Tokyo was 262 yen, or about 1.9 dollars per kilogram in November.
That's up 26.5 percent from a year earlier and is the highest on record for that month.
Eggs aren't usually as susceptible to price swings as some food items in Japan. They are so important to the food industry that manufacturers have built-in a high degree of efficiency that usually absorbs any external price pressures.
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Summary
In Japan, egg prices surged in November 2022 due to increased feeding costs and the impact of Russia's invasion of Ukraine. The subsequent rise in feed costs and bird flu outbreaks exacerbated the situation. The average wholesale price of medium-sized eggs in Tokyo reached an all-time high of 1.9
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ID: 709949d0-40a4-495c-a53b-b63fed01487b
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20221208_36/
Date: Dec. 8, 2022
Created: 2022/12/09 07:27
Updated: 2025/12/09 10:36
Last Read: 2022/12/09 07:44