Egg Prices Soar as Bird Flu and Corporate Practices Face Scrutiny
Record-high egg prices are attributed to avian flu and alleged price manipulation by major producers, prompting government action and public debate.
- Egg prices in the U.S. have reached unprecedented levels, with some areas seeing costs as high as $10 per dozen, driven by avian flu outbreaks and potential corporate price manipulation.
- The bird flu has led to the culling of over 166 million poultry since 2022, but experts argue that corporate consolidation and profit-driven practices are also inflating prices beyond necessary levels.
- Agriculture Secretary Brooke Rollins proposed a $1 billion plan to address the crisis, including increased biosecurity, financial relief for farmers, vaccine research, and regulatory adjustments.
- Critics of Rollins' suggestion for Americans to raise backyard chickens cite feasibility issues, including costs, space limitations, and the potential for bird flu transmission in small-scale settings.
- Major egg producers like Cal-Maine have seen significant profit increases, sparking calls for federal investigations into potential antitrust violations and price-gouging practices.