Wholesale prices for large eggs hit $5.57 per dozen in the Midwest in December, which was up 150% from a year ago, according to commodity data firm Expana. Prices were even higher in California, reaching a record high of $8.85 per dozen.

Egg prices are soaring, breaking new records as the bird flu outbreak grows. Why it matters: No food item has been as much of an inflation poster child like eggs, and their prices often give a clue about the economic environment.

Joy Benedict shows us how the bird flu has affected egg prices and supplies in California. I've taken my family to 5 major steakhouse chains in the US. We enjoyed most, but one is the best by a landslide.