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.

Video Articles

The Gold Trade Is Shifting From Margins to Growth | Geordie Mark – Blue Jay Gold

CopAur Minerals – This PEA Has A Mine Life of What?!

Ontario’s Fast Track to Silver Production Is Starting to Matter | Frank Basa – Nord Precious Metals

Recommended

Amid CBS Shuffle, Is Joe Rogan Replacing Anderson Cooper On 60 Minutes?

Silver47 Targets Resource Growth With 10,000 Metre Red Mountain Drill Program

Related News

Federal Reserve Keeps Rates Unchanged But Plans for March Hike

The Federal Reserve has decided to keep interest rates unchanged for the time being, but...

Thursday, January 27, 2022, 10:04:00 AM

Canada’s Inflation Rate Falls by 0.4% in May

The shutdown of many services and industries in response to mitigating the infection rate of...

Thursday, June 18, 2020, 05:33:00 PM

Australia’s Central Bank Issues Unprecedented Apology for Misleading Mortgage Holders on Interest Rates

In a rare statement from a major central bank, the Reserve Bank of Australia (RBA)...

Tuesday, November 29, 2022, 06:31:00 AM

Bank Of Canada: Economists See A Full-Point Rate Hike For July

Strategists at JPMorgan are seeing a full percentage point interest hike from the Bank of...

Monday, June 27, 2022, 04:31:00 PM

Global Economic Output to Surpass $100 Trillion For First Time Ever in 2022

Global GDP levels are now forecast to exceed $100 trillion come next year, as economic...

Tuesday, December 28, 2021, 12:58:00 PM