Scrambled pricing: Why eggs and other foods are so expensive
A supply chain expert explains why food costs have spiked in the past year.
In this story published Feb. 3, 2023, in the Washington Examiner:
“While many factors are driving increases in food prices, the reality is that farms are facing skyrocketing labor costs, huge jumps in input prices, and ever-increasing costly regulatory burdens. Combine this with intense competition from countries around the globe that almost invariably have far lower wages and regulations, and you have an American farmer that is increasingly forced to either get big or get out, whether they want to or not”
– Hitendra Chaturvedi, professor of practice in supply chain management
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