Current:Home > ScamsEggs prices drop, but the threat from avian flu isn't over yet -FinTechWorld
Eggs prices drop, but the threat from avian flu isn't over yet
Poinbank View
Date:2025-04-08 07:39:10
Maybe you've seen the funny internet memes about high egg prices? Like the one where a guy gets on his knees to propose, but instead of a ring, he brings out a dozen precious eggs!
Well, egg prices have finally begun to decline. "We're seeing wholesale prices start to come down," says David Ortega, a food economist at Michigan State University. The wholesale price of a dozen eggs in the Midwest market dropped by 58 cents to $3.29 a dozen at the end of January, according to USDA data.
There is a lag between a drop in wholesale prices and what we pay at the grocery store, Ortega says, but we can expect some relief soon. I've already seen prices fall at my local supermarket.
However, the days of $1.50 a dozen may not return anytime soon. That's partly because inflation has driven up the cost of feed, transportation and labor. But the biggest factor impacting egg prices is the outbreak of bird flu – highly pathogenic avian influenza (HPAI) – which can spread quickly from flock to flock and is lethal in chickens. The CDC estimates more than 58 million birds have died or been culled because of the current outbreak.
The virus has caused an acute "shock" to the egg supply, Ortega says. And "there's a lot of uncertainty about how much longer this outbreak will continue." Amid such unpredictability, Ortega says prices are sticky. "They tend to rise quickly, but take much longer to come down."
Avian flu isn't new, but scientists say this current outbreak is more widespread and more lethal than the last outbreak in 2015. It's been detected in wild birds in all 50 states. Typically, wild birds don't get sick from the virus, but the strain circulating now appears more virulent. "We're seeing symptoms and we're seeing mortality in some of the wild birds," says poultry scientist Phillip Clauer of Penn State College of Agricultural Sciences. "This time around, it's more deadly."
The latest CDC data shows the avian flu has been detected in a range of species, including black vultures and geese. There's also a few recent reports of infection in great-horned owls, red-tailed hawks and bald eagles.
Since the avian flu began circulating last year, there have been outbreaks at poultry operations in 47 states. Outbreaks typically begin when wild birds, such as geese, infect chickens, turkeys or other waterfowl in commercial flocks or backyard flocks. Once an infection is found in any flock, the USDA euthanizes the whole flock. "This highly pathogenic disease is very deadly," says Clauer. "So the whole idea is to get on top of it and help the birds die in a humane manner and not allow the disease to continue to spread," he explains.
In recent years farmers have stepped up biosecurity measures to protect their flocks. "You're trying to build barriers," explains Clauer. For example, since the virus can spread through bird poop or feathers, workers take precautions to keep their hands, clothes and shoes clean. Tools and equipment should be disinfected, too.
Farmers try to discourage waterfowl from landing in fields near their poultry houses. "You're setting a parameter around your poultry to protect them," Clauer says.
The virus poses a "low risk" to people, according to the CDC. The agency says avian flu viruses "usually do not infect people," though last spring, the CDC reported the infection of one person in Colorado who had been in contact with infected poultry. The person reported fatigue and was treated with an antiviral medication.
So, when will the outbreak end?
"We don't know," says Dr. Yuko Sato, a veterinarian at Iowa State University. "We hope we're somewhere in the middle or hoping towards the end," she says. Sato says killing off infected flocks takes an emotional toll on farmers. "Nobody likes to be, you know, depopulating, euthanizing birds," she says. Then, egg producers must invest in rebuilding their flocks beginning with chicks. "It takes about somewhere between 16 to 18 weeks for birds to mature to that point to start laying eggs," Sato explains. So, there's a lag time to rebuild supplies of eggs.
"Our stock is still down about 5%, right now," explains Emily Metz, president of the American Egg Board. But she says farmers are focused on a quick recovery and they continue to invest in prevention strategies to fend off avian flu. "I have farmers that have put in laser light systems to prevent migratory birds from landing on their barns," she explains. "I have farms that are bussing in their workers to minimize truck traffic," and lower the risk of contamination. The hope is that these efforts make the operations more resilient.
"Egg prices are trending downward for sure," Metz says. "I think there's relief in sight."
veryGood! (7895)
Related
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Ohio parents demand answers after video shows school worker hitting 3-year-old boy
- Providence's hurricane barrier is ready for Hurricane Lee. Here's how it will work.
- Aaron Rodgers speaks out for first time since his season-ending injury: I shall rise yet again
- Why members of two of EPA's influential science advisory committees were let go
- Timeline: Hunter Biden under legal, political scrutiny
- As UAW strike looms, auto workers want 4-day, 32-hour workweek, among other contract demands
- Colorado man says vision permanently damaged after police pepper-sprayed his face
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Jalen Hurts runs for 2 TDs, throws for a score; Eagles hold off fumble-prone Vikings 34-28
Ranking
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Bella Hadid Debuts Shaved Head in Futuristic Marc Jacobs Campaign
- Sean Penn, Superpower co-director, says Zelenskyy changed as Russia invaded: Like he was born for this
- Majority-Black school districts have far less money to invest in buildings — and students are feeling the impact
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Donald Trump’s last-minute legal challenge could disrupt New York fraud trial
- The UAW is barreling toward a strike. Here's what that would look like.
- Drea de Matteo says she joined OnlyFans after her stance against vaccine mandates lost her work
Recommendation
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Alabama Public Library Service to create list of controversial books
'One assault is too many': Attorneys for South Carolina inmate raped repeatedly in jail, speak out
U.S. Olympic Committee gives Salt Lake City go-ahead as bidder for future Winter Games
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
Opponents of COVID restrictions took over a Michigan county. They want deep cuts to health funding
Psychedelic drug MDMA eases PTSD symptoms in a study that paves the way for possible US approval
Powerball jackpot at $550 million for Sept. 13 drawing. See Wednesday's winning numbers.