USDA Says Egg Prices Could Go Up Another 40%
• The Agriculture Department predicts egg prices could increase by more than 40% in 2025 due to the bird flu outbreak.
• Egg and poultry farmers have been implementing biosecurity measures to protect their birds from the virus, but wild birds spreading the virus remains a challenge.
• The record-high egg prices are a result of over 166 million birds being slaughtered to contain the virus, with egg-laying chickens being the most affected.
• The USDA plans to invest an additional $1 billion to combat bird flu, with measures including bolstering biosecurity, aiding affected farmers, and researching vaccines.
• The administration is considering importing eggs from other countries, but it may not significantly impact the market due to the large number of eggs produced domestically.
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