Bird flu drives US egg prices to all-time highs before Christmas

Published 2024년 12월 20일

Tridge summary

Wholesale prices for eggs have seen a significant increase, with a dozen large eggs reaching $5.57 in the Midwest and $8.85 in California, a 150% increase from last year. This surge is primarily due to bird flu outbreaks and restrictions on poultry farming, leading to a decrease in the U.S. laying hen flock and egg production. As a result, retailers may increase prices in the new year. The situation is further complicated by potential tariffs from President-elect Donald Trump, which could impact consumer prices for a wide range of goods. The USDA is researching vaccines to protect poultry and cows from bird flu.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The increases hit consumers already grappling with stubborn inflation and bracing for potentially higher prices on a broad range of items if President-elect Donald Trump follows through on plans to slap tariffs on goods from China and Mexico. Wholesale prices for large eggs reached $5.57 per dozen in the Midwest on Wednesday, up 150% from a year ago and topping the previous record of $5.46 from December 2022, commodity data firm Expana said. Prices are even harder to stomach in California, where supplies are further constrained by rules that prohibit farmers from raising hens in cages. There, eggs set an eye-popping record of $8.85 per dozen, Expana said. Those high prices are a bonanza for farmers who manage to avoid bird flu outbreaks and are not locked in to long-term pricing arrangements that help control costs at some major retailers. But consumers could still suffer. The average retail price of a dozen eggs exceeded $3.60 in November, up from $2.50 at the start of the year, ...

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