Bakeries in the valley feeling effects of high egg prices
The bird flu is leading to soaring egg prices and in some cases, empty shelves. While everyone is feeling the pinch, bakers rely on eggs for almost every product on their shelves.
So how long can bakeries in the valley avoid passing the extra cost on to the customers?
Bakeries 21 News spoke with are in agreement on trying to keep their prices the same, but one of the owners said they might not have a choice.
“It kind of creeped up a little bit, and now, we've gotten at a point where we’re kind of at a tipping point,” said Kim Hoover, owner of Kim’s Confections.
Cookies, cupcakes and brownies are just a few of the items bakers make using eggs. With the prices of eggs continuing to rise, bakeries are making less money.
“It’s obviously making things more difficult for us right now. But we’re not going to make any changes because they are going to fluctuate back down. I would say, if it consists for a few more months, then that’s when I’d look into you know, oh maybe we do need to change our pricing,” said Gabriele Broker, owner of Bake me Treats.
Hoover said five years ago, she could get a box of eggs for $4. Now, it costs her $30.
Prices at Kim’s Confections have not been raised for two years. Hoover worries if the egg prices stay up, she will have no choice but to change prices.
“It just keeps getting worse and worse. So, we kind of just keep holding on and holding on, but at some point, we’re going to have to pass it on to our customers,” said Hoover.
Because of the egg shortage, some shelves that were once full of eggs are sitting empty. With fewer options to choose from, it's hard to get a good deal.
“My first move is to kind of look around and see who has the lowest prices and try to buy from them. Obviously, if they’re just out of eggs, then I do have to go with the option of just buying the expensive eggs, and it affects our profit margin,” said Broker.
Both Broker and Hoover said they’ve seen eggs prices surge multiple times in the past couple years, but the recent skyrocketing costs are leading to discussions on how they can best move forward.
“The dairy and eggs do fluctuate, so you want to give yourself that cushion, but obviously right now, it’s skyrocketed. There’s nothing that we can control. We’re just not making as much profit on items as we normally do,” said Broker.