U.S chicken egg prices up 267 percent in a year

Published 2023년 1월 19일

Tridge summary

The article highlights the significant increase in egg prices in both the US and Europe, largely due to bird flu outbreaks and high feed prices. The USDA reported a 267% price surge in eggs in the US compared to last year, with the cost of a dozen eggs ranging from $3.75 to $7.50. In Europe, egg production has dropped by 4.6% in the US and 3% in Europe, leading to a 69.3% increase in prices for large and medium eggs from November 2021 to November 2022. The article also mentions the challenges faced by the industry, such as rising energy and production costs, and the impact of the Russian-Ukrainian conflict on energy prices. The European Egg Processors Association (EEPA) notes that the market's future depends on the control of bird flu and the stabilization of feed prices. The article also points out that labor, packaging, and fuel costs have increased in the UK, making it more expensive to produce eggs.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

For consumers in the EU, chicken eggs have also gone gold. And it's not just bird flu. According to the USDA, at the moment the cost of a dozen eggs ranges from $3.75 (258 kopecks of Russian rubles) to $7.50 (516 kopecks of Russian rubles) depending on the type of egg. In total, in the US, eggs have risen in price by 267 percent compared to last year. The main cause is bird flu. The USDA has said that bird flu killed more than 43 million laying hens in 2022. In Europe, the situation with the production of chicken eggs is becoming more complicated due to both the bird flu and the cost of feed and poultry management. “Stratospheric egg prices around the world raise the question of when the painful price rally will end and what are the expectations for the commodity in 2023 after a brutal 2022,” writes Mark Cervera in an article on FoodIngredientsFirst. - Aspects such as bird flu, rising energy and feed prices affect the price of eggs. Egg production fell 4.6% in the US and 3% in ...

Source: Agroxxi