Wednesday, 1 February 2023

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U.S. egg prices so high people are smuggling eggs across the border from Mexico

U.S. egg prices so high people are smuggling eggs across the border from Mexico

There’s a reason 81% of Americans have been paying attention to the price of eggs at their local grocery store: Even as U.S. inflation overall appears to be slowing down, eggs just keep getting more and more expensive, and some people are shopping at cheaper supermarkets. In some cases, they’re even heading over to another country.

A carton of a dozen eggs in the U.S. cost on average $4.25 in December, a 137% increase over the year prior. And the price of eggs increased 11.1% in December compared with the month before. When prices rise like that, shoppers tend to look for alternatives. So it’s no surprise that the number of eggs intercepted at the U.S.-Mexico border has soared in recent months.

“We are seeing an increase in people attempting to cross eggs from Juárez to El Paso because they are significantly less expensive in Mexico than the U.S.,” Roger Maier, a public affairs official with the Customs and Border Protection office, told Fortune, adding that other points of entry in the Southwest are seeing similar increases in undeclared poultry-related crossings.

Over the past few months, the U.S. has finally had some good news on inflation. Shipping costs have declined, prices for some food products including beef are falling, and stores offered discounts and deals during the holiday season. But through it all, egg prices have remained stubbornly high while a domestic supply shortage means that shoppers in many parts of the country can’t even find them on their grocery store shelves. 

For an increasing number of shoppers, the solution lies right across the border.

Egg encounters on the rise

There were 2,002 border seizures involving eggs between Nov. 1 and Jan. 17, according to CBP data, a 336% increase over the same period a year prior. 

For health reasons, the CBP prohibits undeclared arrivals of poultry products including eggs, and released a statement Friday urging travelers not to carry raw eggs and poultry products across the border. Smugglers who fail to declare the prohibited eggs and poultry items are liable to a $10,000 fine, Jennifer De La O, director of field operations for the CBP in San Diego, wrote in a tweet last week.

Such a large fine usually means the prohibited items are being brought into the U.S. to be resold, according to CBP regulations. The CBP levies fines of up to $1,000 if undeclared prohibited items enter the U.S. for noncommercial use, but if officials are able to confirm…

Click Here to Read the Full Original Article at Fortune | FORTUNE…