Bird flu drives US egg prices to all-time highs before Christmas
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 20 2024
0mins
Source: Reuters
Rising Egg Prices: U.S. wholesale egg prices have surged to record highs due to a bird flu outbreak affecting laying hens, with prices reaching $5.57 per dozen in the Midwest and $8.85 in California, significantly impacting consumers already facing inflation.
Impact of Bird Flu: The ongoing bird flu crisis has led to the culling of millions of poultry, reducing the U.S. laying hen flock by 3% and causing a decrease in egg production, prompting concerns about future supply and price increases for consumers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
