Egg prices are still soaring and are now above the price of beef. Yes, you read that right.
For the first time since 1980, when Bureau of Labor data began, the cost of a carton of eggs is higher than the price of a pound of beef.
Last month, consumers paid $4.82 on average for a dozen eggs and $4.64 for a pound of ground beef. A year ago, they were paying $1.93 for eggs and $4.77 for beef.
This comes as High Pathogenic Avian Influenza continues to affect poultry flocks throughout the nation.
Related Stories
Dr. Gary Schnitkey from the University of Illinois discusses farmers’ sentiment toward industry consolidation, especially in the fertilizer sector, where costs remain historically high.
Weak cold chain performance can lead to slower movement, higher costs, and greater product loss after harvest or processing.
To qualify, land must be in the U.S., used substantially for farming in the last 10 years, and restricted from non-farm use for at least 10 years after the sale.
K-State economists say big swings in cattle futures can complicate hedging, margin calls, and timing of sales.
USDA says total grain inspected for export reached 2.81 million metric tons for the week ending June 11.
University of Nebraska–Lincoln Extension is helping ranchers navigate grazing and herd management strategies.
