Impact of Avian Flu Outbreak on Egg Prices

SOURCE www.ibtimes.com
Egg prices are rising due to limited inventory caused by an avian flu outbreak, leading to decreased sales and increased wholesale prices. Restaurants are raising prices to offset the high egg costs.

Key Points

  • Limited egg inventory due to avian flu outbreak
  • Decreased sales and increased wholesale prices
  • Restaurants raising prices to cover costs

Pros

  • Increased revenue for egg producers
  • Heightened awareness of avian flu risks in the poultry industry

Cons

  • Higher egg prices for consumers
  • Restaurants facing financial strain due to surcharges