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Devastating Bird Flu Sends Egg Prices Soaring amid Looming Food Crisis

A dozen of eggs jumped 23% in April compared the month before

 on 15th May 2022 @ 8.00pm
the outbreak has spread to 32 states  killing more than 37 million chickens and turkeys © press
The outbreak has spread to 32 states, killing more than 37 million chickens and turkeys

As food prices soar across the U.S., eggs and poultry prices have skyrocketed as the deadly bird flu wreaks havoc on the country's egg-laying hen flock.

The price of a dozen eggs jumped 23% in April compared with the month before to $2.52, according to inflation data tracked by the U.S. Bureau of Labor Statistics.

Prices reached levels not seen since early 2016.

twenty nine million egg laying hens have died  or about 10  of the u s   total flock of 300 million © press
Twenty-nine million egg-laying hens have died, or about 10% of the U.S.' total flock of 300 million

2016 was the period that followed the highly pathogenic avian influenza outbreak of 2014-15, which led to a 50% increase in egg prices in the second half of 2015.

The outbreak has spread to 32 states, killing more than 37 million chickens and turkeys.

Twenty-nine million egg-laying hens have died, or about 10% of the U.S.' total flock of 300 million.

According to Bloomberg, the bird flu is "shaping up to be the worst outbreak of its kind."

"When the outbreaks first started, the jump in wholesale values was being driven primarily by demand, as there was a bit of panic and short covering going on in the marketplace," Karyn Rispoli, an egg market reporter at commodity research firm Urner Barry, told CBS News.

"But at this point, so much production has been removed from the landscape that it's more of a supply-side issue."

this is just another sign that food shortages could get much worse in the second half of the year © press
This is just another sign that food shortages could get much worse in the second half of the year

Breakfast has become the most expensive in years.

It's not just eggs, orange juice, and wheat prices are also soaring.

Egg prices could be headed higher as there are no indications the avian influenza spread is under control.

This is just another sign that food shortages could get much worse in the second half of the year.

[READ MORE] Media Covering-Up Looming Food Shortages, Expert Warns

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tags: Food | economy
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