23 Hrs
Source:
The Boston Globe
Egg prices fall, farmers unhappy
The U.S. egg industry is experiencing a dramatic shift from a shortage to an oversupply due to increased production during the bird flu outbreak, which previously drove prices to record highs. Currently, egg prices have plummeted by over 90%, with many producers, especially smaller farms, struggling to cover costs amid the low prices. Large producers are facing financial stress and potential industry consolidation, while efforts are underway to boost exports to international markets, despite ongoing bird flu concerns.
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