Avian Flu Sends Egg Prices Soaring Ahead of Easter Holiday

The highly transmittable avian flu has made a re-appearance in the US— at the worst timing— of course.

The H5N1 bird flu virus has been detected in both commercial and wild birds across 24 US states, forcing poultry and egg farmers to cull their aviation livestock and further disrupt already-severed food supply chains. According to data from the USDA, the average price of one dozen of large eggs climbed nearly 45% from the same period one year ago, making matters worse for consumers already wading neck-deep in inflation ahead of the busy Easter holiday.

For the time being, the risk of the bird flu spreading to humans remains relatively low. “So far, current H5N1 bird flu viruses lack changes seen in the past that have been associated with viruses spreading easily among poultry, infecting people more easily, and causing severe illness in people,” the CDC said last month. But, the highly transmittable virus has already led to the death of over 17 million birds data from the USDA shows, making it the largest outbreak since 2015 when about 15 million birds were culled.

Information for this briefing was found via the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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