Bird Flu Outbreak Hits Top US Egg Producer, Prices Expected to Soar
Egg prices are expected to increase as the top US producer, Cal-Maine Foods, experiences its first-ever outbreak of deadly avian influenza. The company's facility in Kansas tested positive for highly pathogenic bird flu, affecting around 1.6% of its flock, or 684,000 egg-laying hens. Cal-Maine shares surged by as much as 9.9% in response to the news.