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Egg Prices Have Dropped, Though You May Not Have Noticed

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Egg Prices Have Dropped, Though You May Not Have Noticed

The wholesale price of eggs has dropped sharply since the beginning of March after soaring for months, but it may take a few weeks for grocery shoppers to see the decline.

Wholesale egg prices, which is what retailers pay to procure eggs, have fallen to a national average of just over $4 for a dozen large white eggs, down from a peak of more than $8 at the end of February, according to data from the Agriculture Department released last week.

But because eggs typically have a four-week shelf life, it may be the end of March before retail prices start to drop, said Jeremy Horpedahl, an associate professor of economics at University of Central Arkansas. Some stores, he added, may not lower prices until their current inventory sells out.

Economists said that the decline in wholesale prices, which are still above long-term averages, was very likely fueled by a combination of factors: bird flu coming under control, weaker consumer demand, ramped-up supply and producer pricing decisions. The Agriculture Department noted that there had been no significant outbreaks of avian flu in March so far, and economists say any new outbreaks could push up prices again. The virus has forced egg producers to cull tens of millions of hens since late last year.

In February, the retail price of eggs rose 10.4 percent from the previous month, continuing a monthslong climb, according to data from the Bureau of Labor Statistics released last week.

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Economists noted that prices might not come down evenly across the country. Areas with competing grocery stores might see egg prices fall more quickly, Mr. Horpedahl said, while those dominated by a single chain — with the power to keep prices high for longer — may not. Retail prices may also depend on grocery chains’ strategies, with some opting to keep prices lower to entice customers into stores.

“They can pass the savings of wholesale prices onto us entirely, or not at all, or somewhere in between,” said David Anderson, a professor of economics and business at Centre College in Danville, Ky. High demand for eggs leading up to Easter may keep prices elevated through then, he said.

President Trump, who made lowering grocery prices a key part of his campaign, has jumped on the wholesale price trend, citing the drop in his speech at the Justice Department last week. At the same time, his sweeping tariffs have stoked concern about an uptick in prices for a host of products, including grocery staples.

The price of eggs and other groceries created angst during the Biden administration, becoming a top concern among voters ahead of the 2024 election. An outbreak of bird flu in 2022, along with increasing fuel, feed and packaging costs linked to the coronavirus pandemic, pushed wholesale egg prices up to nearly $5 a dozen at their peak. Although the spike in egg prices was smaller than the recent surge, it came when overall inflation was higher, piling pressure onto household budgets.

Egg producers have blamed the spread of avian flu for tighter supplies. United Egg Producers, the industry’s trade association, noted that the industry had lost more than 40 million egg-laying hens in 2024 and 31 million in just the first two months of this year as the virus accelerated.

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Mr. Anderson said that bird flu has hit supply in “dramatic ways.” But at the same time, he added, “the industry may see the bird flu epidemic as a cover for additional price hikes that aren’t necessarily needed.”

“Part of it is they’re really dealing with a crisis,” he said. “Part of it might be, ‘Do we have some cover to keep our prices artificially high?’”

The Justice Department is in the early stages of an antitrust investigation looking into whether major egg producers have shared information about pricing and supply that contribute to a spike in prices. Some lawmakers and advocacy groups had previously called for federal regulators to investigate the industry’s pricing practices.

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Why are California’s Indian truck drivers disappearing during the holiday rush?

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Why are California’s Indian truck drivers disappearing during the holiday rush?

It is supposed to be the busiest time of year for the Roadies trucking company, but dozens of its trucks sit idle — unlikely casualties of a surprise scrutiny of laborers from India.

The Bakersfield company has 200 big rigs but a dearth of drivers after authorities canceled thousands of commercial driver’s licenses in California, forcing more than 20 Roadies drivers out of the business and spooking others into quitting.

A Roadies truck leaves for a delivery past unused parked trucks in Bakersfield.

(Myung J. Chun/Los Angeles Times)

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Chief Executive Avninder Singh says he has doubled pay, but still can’t recruit enough drivers. He says he is now losing more each month than he usually makes in a year.

“My trucks are sitting,” with no one to drive them, he said. “It has put my livelihood in danger.”

Outside of tech, medicine, and family businesses, truck driving is one of the largest sources of employment for the Indian diaspora in America. Indian truckers say they are being unfairly targeted after a horrific accident triggered extra scrutiny of migrant drivers and tighter regulations.

Some drivers — many of whom claim to have fled persecution in India and requested asylum in the U.S. — are sitting on expensive investments they cannot use. Joban Singh, 27, based in Bakersfield, spent $80,000 to buy a truck because even though truck driving is a tough life, it provides a steady income to support his family.

“We have invested everything in trucking, thinking it’ll be good for us,” he said. “Now if we have our licenses canceled, who will buy these trucks and trailers from us?”

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A man sits in a truck.

Truck driver Rahul Narwal said if the current licensing situation remains, he won’t be able to renew when his license expires in 2028.

(Myung J. Chun/Los Angeles Times)

Singh is a common surname in the Sikh community from India’s state of Punjab. None of the people mentioned in this story are related.

Punjabi Sikh truckers have emerged as the backbone of the American trucking industry. For decades, many have sought asylum in the U.S. and entered the transportation industry.

There are around 750,000 Punjabi Sikhs in the United States. Of those, about 150,000 work in the trucking industry, with the majority based on the West Coast.

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The more devout Sikhs sport turbans and beards as symbols of their faith, which is neither Hindu nor Muslim. This can make them a target on the road, says Manpreet Kaur, the vice mayor of the city of Bakersfield.

“The Sikh community within trucking is really being squished in the middle of a battle between the state of California and the federal government,” said Kaur, whose father was a truck owner and operator.

Instances of racism and racial profiling of the community have risen, with Indian truckers reporting incidents of doors getting slammed in their faces and racial slurs being used at truck stops.

“Feeling a sense of not belonging in a place where you have worked, earned, contributed, [and where] your children have grown up,” is convincing drivers to leave the industry, she said. “All of a sudden, because of the decisions of one administration, the hate is presenting so strongly.”

The surge in negative attention started in August when three people were killed in an accident in Florida after an Indian driver with a license from California allegedly made an illegal U-turn.

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The Trump administration blamed California for failing to enforce English proficiency and other driver requirements. In September, the Trump administration issued an emergency rule to try to shut down the issuance of commercial driver’s licenses to noncitizens

Members of the Sikh community gather to support a truck driver accused of manslaughter and vehicular homicide in Florida.

Members of the Sikh community gather in support of Harjinder Singh, a truck driver who is accused of manslaughter and vehicular homicide after an accident in Florida.

(Al Diaz/Miami Herald)

The Department of Transportation put pressure on California, revoking $40 million in federal funding for failing to enforce English proficiency tests and threatening to cut additional federal support.

Last month, California’s Department of Motor Vehicles announced plans to revoke 17,000 commercial driver’s licenses issued to immigrants. The licenses were canceled, the DMV said, because they were set to expire after the time the migrants were legally allowed to remain in the U.S.

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Sukhdeep Singh, owner of Cali Brothers Truck Lines, which has 60 trucks and is based in Merced, said 10 of his Sikh drivers quit last month. They have valid licenses and work papers, but are afraid to go back on the road, worried that if they get stopped, they could get sent home.

“They don’t want to drive anymore,” he said.

About 25 of Roadies’ truck drivers received the cancellation notice. The company is now losing hundreds of thousands of dollars in revenue each month as its clients go elsewhere.

Policy changes regarding noncitizen commercial licenses and English language proficiency enforcement could remove more than 400,000 commercial drivers from the market over the next three years, according to J.B. Hunt, one of the largest trucking companies.

Some say the driver shortage concerns are overblown and that there are enough U.S. citizens to meet the demand for drivers if they are given sufficient training and salaries.

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“I do not buy the idea that there aren’t enough American truck drivers to meet demands in this country,” Transport Secretary Sean Duffy said in an October news conference. “I think you will see American truck drivers fill the space when we do what is right and take out these unlawful drivers.”

A man walks in front of a set of semi trucks.

Avninder Singh, CEO of Roadies, says about 100 of 300 of his drivers will be affected by the license pause. He walks past nine trucks that are parked at his business because he doesn’t have drivers.

(Myung J. Chun/Los Angeles Times)

Advocacy groups such as the American Trucking Assn., which in the past has lobbied for looser licensing rules to address driver shortages, have backed the tighter restrictions.

Regulators need to enforce rules requiring truckers to be well-trained and qualified, said ATA Chief Economist Bob Costello.

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“Qualified means you can speak English, read road signs, understand safety rules and respect our laws,” he said. “Qualified means you earned your CDL the right way, not through a rubber-stamped process in a state that looks the other way.”

Companies that rely on Indian truckers may have to reconsider their business model.

The trucking industry is packed with small carriers operating 10 or fewer trucks. Most have been operating for years without incident, but many could now go out of business as they wait for the new normal to emerge.

“I am excited about the holiday season,” said Sukhdeep Singh of Cali Brothers Truck Lines. “But for the truckers, it’s not bringing any happiness.”

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‘Zootopia 2’ hops to the top of the box office this Thanksgiving weekend

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‘Zootopia 2’ hops to the top of the box office this Thanksgiving weekend

Animated movie “Zootopia 2” hopped to the top of the box office in a big weekend for family-friendly films.

The sequel to the 2016 film from Walt Disney Co. brought in $156 million in the U.S. and Canada over the five-day Thanksgiving weekend, according to studio estimates. The film’s production budget was estimated at $175 million to $200 million.

In total, “Zootopia 2” collected $556 million in global box office revenue, including $272 million in China, a once-massive market for Hollywood films that has cooled in recent years. The haul for “Zootopia 2” in China marked that country’s highest opening ever for a nonlocal animated movie.

The movie probably benefited from its strong franchise recognition in China; Disney opened a “Zootopia”-themed land at Shanghai Disneyland in 2023 and embarked on an extensive marketing campaign before the film’s release. The original film had a total box office haul in China of $236 million.

Universal Pictures’ “Wicked: For Good” came in second at the domestic box office with a five-day total of $93 million.

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The period between Thanksgiving and Christmas has traditionally been an important time for studios and theaters to attract moviegoers with family-friendly fare or blockbusters, which can provide a big chunk of the year’s box office revenue.

“Zootopia 2” and “Wicked: For Good” were seen as two of the major films released toward the end of the year that could drive massive ticket sales. The third — Disney’s 20th Century Studios’ “Avatar: Fire and Ash” — will be released in theaters next month.

The reception for “Zootopia 2” and “Wicked: For Good” also points to the demand for family films. Though the overall box office has been uneven this year, films geared toward children and families have largely performed.

Disney’s live-action adaptation “Lilo & Stitch” brought in more than $1 billion in global box office revenue and Warner Bros.’ “A Minecraft Movie” wasn’t far behind, with nearly $958 million.

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The L.A. Auto Show ends this weekend. Here are new EVs you can buy today

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The L.A. Auto Show ends this weekend. Here are new EVs you can buy today

Thousands of people are expected to converge in downtown L.A. as this year’s Los Angeles Auto Show wraps up on Sunday. The event at the Los Angeles Convention Center is one of the oldest and largest auto exhibitions in the nation and features hundreds of new vehicles and concept cars, including the latest in EVs.

EVs always feature prominently at the L.A. Auto Show, and this year there were again new ones available for purchase in addition to those that carmakers are still planning. The show has long leaned on California’s reputation as a climate leader to launch the latest in electric technology. This year it comes at an important moment. The Trump administration has ended rebates that lowered the price of EVs, aiding the oil industry. It’s unclear what effect that will have on sales.

Electrifying vehicles is one of the main ways governments, including California’s, address climate change. The state has committed to 100% decarbonization by 2045 and has prioritized the transition away from smog- and pollution-forming combustion engines.

Among the EVs exhibited this year are the 2026 version of the Nissan Leaf, which now offers an estimated 303 miles of range on a charge, and the Chevy Bolt, which offers an estimated 255 miles of range. The Bolt is returning due to “popular demand,” after being discontinued in 2023, company officials said. The starting retail price for both cars is around $29,000.

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The auto show also saw new models debut, including the 2026 Jeep Recon — a Wrangler-style EV advertised by the company as “the only fully electric Trail Rated SUV” — that offers 230 miles of range starting at $65,000. The range for the new Hyundai Ioniq 6 N has not yet been announced but is expected to land around 257 miles when the car comes to market early next year.

Luxury EVs on display include the $77,000 Rivian RIS and the $80,000 Lucid Gravity, with estimated ranges up to 410 and 450 miles, respectively. (Rivian also displayed its upcoming R2 — a smaller SUV with a promised price of $45,000 that is expected to offer more than 300 miles of range.)

In addition to canceling rebates on new and used EVs, the Trump administration has moved to block California’s landmark ban on the sale of gas-powered cars, prompting a lawsuit from the state in return.

The administration’s actions pushed many consumers to snap up EVs before the federal incentives expired, with California reporting a record number of zero-emission vehicle sales in the third quarter of 2025 — just shy of 126,000, or about 29% of new car sales.

However, the headwinds coming out of Washington, D.C., also appear to be giving some automakers pause. Brands such as Acura, Ford and GM in recent months have announced plans to discontinue some electric models and scrap plans for new ones. The climate reporting website Heatmap noted that there was an absence of enthusiasm for EVs at press events surrounding this year’s L.A. Auto Show, and that “fanfare over the electric future was decidedly tamped down.”

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In October, the first full month after the repeal of the federal tax credit, EVs accounted for just 5.2% of new vehicle retail sales in the U.S., according to consumer insights company J.D. Power. The number represented a notable tumble from the all-time high of 12.9% in September.

The forecast for November is mostly the same, with EVs expected to represent about 6% of national car sales.

Still, many in the industry believe the lull will amount to little more than a bump in the road.

“The strong will survive, so the ones who make really good EVs that are priced right, you’ll see them bounce back,” said Ed Loh, head of editorial with Motor Trends, in an interview with Fox Business at the L.A. Auto Show.

The show also comes as California continues to ramp up its EV charging network. The state in September surpassed 200,000 fully public and shared EV charging ports — an increase of about 20,000 since March, according to the California Energy Commission. There are now more charging ports than gas pumps.

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Gov. Gavin Newsom also reaffirmed the state’s commitment to electric vehicles with a June executive order on reducing vehicle emissions and funding for clean manufacturers, among other items.

What’s more, the global picture for EV remains bright. The International Energy Agency reported 17 million electric car sales worldwide in 2024, a roughly 25% increase over the year prior.

Sales in 2025 are expected to exceed 20 million, or more than a quarter of cars sold worldwide.

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