USDA Analysts Warn Egg Prices May Not Stabilize Until Late Summer
USDA Analysts Warn Egg Prices May Not Stabilize Until Late Summer

USDA Analysts Warn Egg Prices May Not Stabilize Until Late Summer

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Former FDA chief Scott Gottlieb suggests that vaccinating parts of the U.S. chicken and hen populations against avian flu could be a crucial step to lower soaring egg prices. While wholesale egg prices have dropped significantly, U.S. Agriculture Secretary Brooke Rollins warns that consumer prices may not decrease immediately due to seasonal demand and the threat of bird flu outbreaks. The USDA is investing $1 billion to address the egg price crisis and is also importing eggs to alleviate shortages. Analysts indicate that egg production will remain tight through the third quarter of the year, with the market still volatile despite recent price drops. The USDA reports wholesale prices for large white eggs at approximately $4.15 per dozen, down from record highs, but warns that prices could increase again. The overall situation remains uncertain as the spring migration of wild birds poses a risk of further avian flu spread.

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