Impact of Bird Flu Outbreak on Egg Prices in the U.S.

SOURCE english.elpais.com
Egg prices in the U.S. have sharply risen due to a bird flu outbreak causing a shortage in supply. While consumers are facing higher prices, investors in egg-producing companies like Cal-Maine Foods and Vital Farms are seeing significant stock price increases. The shortage has led to potential opportunities in the vegan food industry as well.

Key Points

  • Bird flu outbreak has led to 15% of the country's laying hen population being slaughtered.
  • Egg prices rose by 56% in 2024 due to the shortage in supply.
  • Investors in egg-producing companies have outperformed large meat producers and stock market indices.
  • Vegan food industry is experiencing growth in sales as an alternative to eggs.

Pros

  • Investors in egg-producing companies like Cal-Maine Foods and Vital Farms are seeing significant stock price increases.
  • The shortage in egg supply has opened potential opportunities in the vegan food industry.

Cons

  • Consumers are facing higher egg prices, with some reporting prices as high as $9.00 per dozen.