Tag

Egg Shortage

All articles tagged with #egg shortage

agriculture1 year ago

Avian Flu Drives Egg Shortage and Price Surge Ahead of Holidays

The U.S. is experiencing an egg shortage in some areas due to bird flu outbreaks affecting poultry, with 10 million birds impacted recently. While the overall egg supply remains stable, localized shortages and increased prices are reported in cities like Denver, Miami, and New York. The American Egg Board acknowledges the issue but expects shortages to be temporary as egg farmers replenish stocks. Egg prices have decreased from earlier highs, and the situation is being closely monitored as avian influenza continues to spread.

agriculture2 years ago

"Massive Chicken Culling in South Africa to Combat Bird Flu Outbreaks"

South Africa has culled approximately 7.5 million chickens in an effort to contain multiple outbreaks of avian influenza, which posed a threat to the country's egg and poultry supply. Over 205,000 chickens have died in at least 60 separate outbreaks, with the majority occurring in Gauteng province. The culling represents about 20-30% of South Africa's total chicken stock. The government is fast-tracking import permits for eggs and considering a vaccination program. The outbreaks have led to supply constraints, with some grocery stores limiting egg purchases. The poultry industry, already struggling due to an electricity crisis, has suffered losses of at least $25 million.

business2 years ago

Cal-Maine Foods' profits skyrocket 718% due to US egg shortage.

Cal-Maine Foods, the largest egg producer in the US, reported a 718% surge in profits in the last quarter due to a nationwide egg shortage that has sent prices soaring. The company's revenues doubled, beating analysts' estimates, and its net income rose seven-fold from the same quarter last year. Cal-Maine's egg production facilities have been spared from avian flu, which has forced farms to cull over 58 million chickens and turkeys since early last year. The US Department of Agriculture predicts egg prices will fall dramatically this year, barring a rebound in bird flu cases.