Dollar Tree pulled eggs from store shelves because of soaring prices.
Egg prices have risen as much as 60% over the past 12 months, prompting a preferred discounter to recall eggs because it has been unable to show a profit, Reuters reported.
Most items in Dollar Tree cost $1.25, although the store also has other items for $3 and $5.
“Our base price at Dollar Tree is $1.25. The fee of eggs is very high immediately,” company spokesman Randy Guiler said, in accordance with the Washington Examiner.
Although the eggs shall be pulled, they are prone to be back on the shelves once “costs are more according to historic levels.”
Dollar Tree serves roughly 8,000 locations in the United States and Canada.
Consumer egg prices saw a slight decline last month, but still saw a 55% increase in a single 12 months in comparison with the same month last 12 months.
In keeping with data from the Federal Reserve Bank of St. Louis, a dozen large Grade A eggs cost a mean of $4.21 in February, up from a mean of $4.82 in January.
With Easter approaching, prices may increase again.
![Dollar Tree prices most of its merchandise at around $1.25 - much less than the rising price of eggs.](https://nypost.com/wp-content/uploads/sites/2/2023/03/NYPICHPDPICT000007445739.jpg?w=1024)
“Wholesale prices proceed to rise, indicating that retail egg prices haven’t peaked. The wobbly variety of herds couldn’t come at a worse time for consumers,” David Anderson, Texas A&M University AgriLife Extension, Bryan-College Station, told the Poultry Times. “The USDA’s January egg report found prices were stable and barely lower than December, but annual egg prices often peak every spring because of Easter egg hunts and baking.”
Dollar Tree didn’t immediately reply to Fox News Digital’s request for comment.