Categories: Business

‘About to get worse’: why egg prices will skyrocket

During his 2024 campaign, President-elect Donald Trump repeatedly promised that “prices would come down,” the BBC reports, but according to two experts, that won’t happen anytime soon – at least when it comes to electricity price. eggs.

While eggs are already “40% more expensive today than they were a year ago,” KTLA notes, according to the Department of Labor, the raging avian flu epidemic means “that it’s about to get even worse.”

The epidemic – which “has already led to the death of more than 100 million laying hens” – according to the report, is expected to increase egg prices “up to 20% more in 2025”.

LEARN MORE: “Everything is going to skyrocket”: Americans stock up in anticipation of Trump tariffs

According to KTLA, “Whenever the virus is detected, every bird on the farm must be killed to limit the spread of the disease,” and supply chain expert and Syracuse University School of Management Patrick Penfield, told the outlet: “Once this happens, it can take a chicken farmer about five months to recover.”

Penfield noted that a hen can “lay about one egg per day” at five months old.

Additionally, KTLA reports that Professor Chad Hart of Iowa State University said, “Because the flu is spread through the droppings of wild birds as they migrate past farms, allowing chickens to moving around freely actually puts them at greater risk of catching the virus.

LEARN MORE: Farmer who voted for Trump warns his crops will ‘rot’ if his workers are evicted

The full KTLA report is available at this link.

remon Buul

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