Higher egg prices may extend far into 2025, and egg producers like Cal-Maine could benefit

Business and Finance Business and Finance

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Higher egg prices may extend far into 2025, and egg producers like Cal-Maine could benefit

^{Published on 2025-01-09 13:00:46 - AOL}

According to the latest USDA report from mid-December, US egg production is down 4% year over year, with 3% fewer egg-laying hens. Per Datasembly, eggs are at their highest price since January 2023.

The article from AOL Finance discusses the ongoing issue of high egg prices in the U.S., which are expected to persist into the summer of 2023. The primary reason for the price surge is the avian flu, which has led to the death of millions of egg-laying hens, significantly reducing supply. Despite a slight decrease in egg prices from their peak, they remain much higher than in previous years. The article notes that while the rate of avian flu outbreaks has slowed, the recovery of the egg-laying hen population is slow, suggesting that consumers should not expect immediate relief in egg prices. Additionally, the piece mentions that other factors like increased costs for feed, fuel, and labor are also contributing to the sustained high prices.

Read the Full AOL Article at:
[ https://www.aol.com/finance/higher-egg-prices-may-extend-170724124.html ]

N@N

Higher egg prices may extend far into 2025, and egg producers like Cal-Maine could benefit