The impact of bird flu is also being felt in trade
The United States is facing a growing egg shortage as bird flu has decimated the egg population in recent years. More than 100 million laying hens have died since 2022, up from 40 million last year. As a result, egg supplies have shrunk significantly, while prices have risen dramatically, according to Index.
Retail restrictions and price increases
Due to the shortage, several retail chains have imposed restrictions on customers buying up to 12 eggs at a time. According to Bloomberg, some stores don’t even need to do this, as they often run out of stock. The price increase is steep: egg prices rose 14% between November and December, another 15% in January, and the United States Department of Agriculture expects another 20% increase this year. This represents a 55% increase in price in one year, and a triple in five years.
The record egg price was set on February 7, 2024, when the average price of a dozen eggs was $7.34 (about 2,800 HUF), which represented another 10% increase in one week. Food prices are expected to increase further due to supply chain challenges.
Impact on the food industry
The increase in egg prices is affecting several segments of the food industry. The Waffle House chain, which has 2,000 locations across America, has implemented a 50-cent surcharge on eggs. Andy Harig, vice president of the Food Industry Association, said that the Western wildfires, the cold in the Midwest and the ongoing bird flu epidemic will continue to be factors in the coming months.
Bird Flu and Supply Issues
Sharon Linsenbardt, owner of Barn Buddies Rescue and Sanctuary in Las Vegas, said it could take months to replace laying hens killed by bird flu. Bryan Spillane, senior food analyst at Bank of America, said the situation won’t improve until bird flu is contained.
Related news
Starbucks: expansion in the Middle East and China, layoffs in America
Starbucks has announced ambitious plans for the coming years: it…
Read more >Whiskey: Boycott could replace tariffs
American whiskey producers are once again at the center of…
Read more >EU-US tariff war: tariffs are bad for companies, even worse for consumers
European Commission President Ursula von der Leyen has expressed regret…
Read more >Related news
A broad dialogue has been launched on the collection and processing of animal by-products
At the initiative of the National Chamber of Agriculture (NAK),…
Read more >Nébih: From 2025, food chain supervision fee returns must be submitted to the National Tax and Customs Administration
The 2025 food chain supervision fee returns must now be…
Read more >The Agricultural Museum’s carnival programs are about sustainable nutrition.
The Agricultural Museum’s carnival program Little Farmers, Big Adventures aims…
Read more >