Big Take Forget the S&P or CPI. Meet the Bacon Egg and Cheese Index
8 snips
Apr 11, 2025 Discover the surprising economic insights behind the rising cost of a bacon, egg, and cheese sandwich. Unpack the challenges facing farmers and the wheat and egg industries amid market turbulence. Explore how climate issues impact coffee prices and why bacon is becoming the go-to alternative to beef. Listen to creative strategies from a coffee roaster navigating this inflationary landscape while analyzing the broader implications of breakfast pricing trends on consumer choices.
AI Snips
Chapters
Transcript
Episode notes
Rising Sandwich Prices
- Bloomberg host Sarah Holder's egg and cheese sandwich increased from $3.50 to $5.
- The bacon, egg, and cheese sandwich at her usual food cart now costs $6.
The BEC Index
- Bloomberg tracks a Bacon, Egg, and Cheese Index, reflecting ingredient costs.
- The index has reached record highs, exceeding expected inflation-adjusted costs.
Egg Price Volatility
- Egg prices have doubled due to avian influenza and panic buying.
- Consumers have reduced egg purchases, leading to wholesale price drops, but retail prices remain high.