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1 week ago

Egg prices plunge as avian flu impact eases, but risks remain

Egg prices have declined rapidly over the last year as the market normalizes following a significant avian flu outbreak that began in 2022, though the threat of a resurgence in the virus could lead to volatility later this year.The Bureau of Labor Statistics (BLS) on Wednesday reported the consumer price index (CPI) for February, which showed egg prices declined by 3.8% in the month and are down 42.1% from a year ago. By contrast, headline CPI inflation was 2.4% higher than it was a year ago.Bernt Nelson, an economist with the American Farm Bureau Federation, told FOX Business that the U.S. eg...

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1 week ago
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