Bird Flu Outbreak Spells 'Eggflation' Headache for Consumers
A severe bird flu outbreak in the United States has sent egg prices soaring to record levels, with consumers worldwide feeling the pinch. Dubbed \"eggflation,\" the price surge comes as over 60 million U.S. poultry birds have been culled since early 2023 to contain the virus, tightening global supplies.
What’s Causing 'Eggflation'?
Farmers from California to Georgia are grappling with the highly contagious H5N1 strain, which has spread rapidly through commercial flocks. With U.S. egg production down 8% year-over-year, wholesale prices have doubled in some regions. This adds pressure to already strained food budgets amid broader inflation trends.
The Bigger Picture
Analysts warn the crunch could impact global markets: The U.S. exported $1 billion worth of eggs in 2022, primarily to Canada and Mexico. While plant-based alternatives and lab-grown eggs are gaining traction among sustainability advocates, traditional eggs remain a dietary staple for billions.
\"This crisis underscores vulnerabilities in centralized food systems,\" said agricultural economist Dr. Lisa Miao. \"Diversifying protein sources and supply chains will be critical long-term.\"
Reference(s):
cgtn.com
