U.S. egg production is trending downward.
A recent production report shows a 2% drop this July compared to the same time last year with totals reaching over 9 billion eggs.
The reason behind the drop is high path avian flu. Birds culled due to the disease have impacted egg-laying hen numbers with numbers declining by approximately 8 million birds. That drop is now impacting egg prices in a big way, according to a USDA livestock analyst.
“What we have seen is wholesale prices that were about $2.57 in July for the New York egg price that we track going up to about $4.14 yesterday,” Shayle Shagam explains.
The wholesale market saw a 60% price hike in just a months time; however, when you compare that number to a year ago prices, whole eggs are selling at 236% more.
Shagam expects to see the size of the laying flock increase next year, increasing production and lowering egg prices for consumers.
In honor of Rural Road Safety Week, we’re highlighting some commonly overlooked hazards on rural roads, where 40 percent of all fatal crashes in the United States occur.
The network includes labs across the country that track diseases like New World Screwworm, which could see a rise in cases with hurricane season approaching.
Sen. Roger Marshall (R-KS) hosted the talks. The senator and doctor joined us on Wednesday on RFD-TV’s
Market Day Report to recap the critical discussions surrounding
human health in America.
Ag Secretary Brooke Rollins made the announcement yesterday at the grand opening of a new food safety lab in Missouri, where researchers will do Listeria testing.
$15 billion in U.S. energy, $4.5 billion ag products, 50 Boeing jets—plus a 19% tariff on Indonesian exports in exchange for U.S. market access.
Following an on-target CPI, the combination could suggest that inflation is cooling.