Bird Flu Outbreak Drives Egg Prices to Record Highs
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The ongoing bird flu outbreak has led to significant losses in the U.S. egg industry, driving prices up as producers struggle to manage infecting sources and repopulation challenges.
Brian Moscogiuri, a global trade strategist at Eggs Unlimited, stated, "We are all in uncharted territory." The egg industry has suffered a significant loss, with 26 million birds lost since October, exceeding 7% of the total flock. Moscogiuri added, "It seems as bad as it has ever been," noting that producers feel they have little recourse.
