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Egg Prices Rise, Flu Blamed

This is a U.S. news story, published by Phys Org, that relates primarily to American news.

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egg prices

Phys Org

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Business

Business & Economics

Egg prices soar as outdated supply chains crack under pressure

Summary

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81% Informative

Food costs have climbed to 11.4% of American 's disposable income, the largest percentage since 1991 .

Rising prices and market volatility have led to food costs climbing to 11% of U.S. food costs.

Arresting rising costs, as I argue in my 2023 book, means reinventing supply chains to address growing supply, demand and price volatility.

Policymakers want to reduce the spread of disease at American egg factories to mitigate spread of bird flu.

But these measures are expensive. Factory farms increase the potential for viruses to spread rapidly and even mutate.

Canada has quota and tariff protection from U.S. companies flooding its market with eggs and poultry.

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formal

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English

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not offensive

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not hateful

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not detected

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short-lived

External references

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