Steep fall in price of eggs prompts questions for US producers

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The story "Steep fall in price of eggs prompts questions for US producers" was covered 2 days ago by Financial Times, a news publisher based in United States.

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Financial Times 2d ago

Steep fall in price of eggs prompts questions for US producers - Financial Times

Quick Summary:

The avian flu epidemic began in 2022 but intensified in recent months, forcing farmers to cull some 30mn birds so far this year and creating an egg shortage that Metz expects to last at least until the end of the year.

Emily Metz, chief executive of the American Egg Board, dismissed the allegations as “conspiracy theories.” Cal-Maine Foods did not respond to a request for comment and Rose Acre Farms declined to comment.“The egg industry is in the fight of our lives,” Metz said.

Wholesale egg prices have fallen 54 per cent in the past four weeks to $3.91 per dozen on Friday, according to commodity price information service Expana.