Easter Egg Costs Soar Near Record High
TLB Preface note: If you feel buying and hiding Easter Eggs for the kids may pose a problem for your budget, remember Easter falls on April Fools Day this year. So send the little darlings out as per normal on their egg hunt… when they return empty handed… announce: April Fools.
You have to go back more than 60 years for the last time Easter and April Fool’s Day were on the same day.
For the first time since 1956, Easter Sunday falls on April 1. Since 1900, Easter has fallen on April Fool’s Day only four times – 1923, 1934, 1945 and 1956. It won’t happen again until 2029.
With the long weekend upon us, whether you’re Christian or not, it seems the chocolatey-goodness of Easter appeals to almost all Americans (with 84% planning to celebrate this year), although only half of those celebrating are planning a church visit.
Statista’s Felix Richter points out that the following infographic shows which holiday customs Americans are particularly fond of, what gifts they plan to give and what it is they consider most important about Easter.
You will find more infographics at Statista
However, the cost of Easter is soaring…
Egg prices in the U.S. have surged close to a record high, just in time for Easter when demand normally rises.
As Bloomberg reports, the wholesale cost of a dozen eggs in the Midwest has more than doubled in the five weeks through March 23 to $2.71, U.S. Department of Agriculture data show, the highest since a bird-flu outbreak in August 2015.
A large laying-hen flock bodes well for ample egg supplies ahead, meaning despite higher prices, omelettes can likely stay on the menu.
TLB published this article from ZeroHedge, where it was compiled by Tyler Durden.
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