{"id":1509141,"date":"2024-12-21T00:40:00","date_gmt":"2024-12-21T05:40:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1509141"},"modified":"2024-12-21T00:40:00","modified_gmt":"2024-12-21T05:40:00","slug":"eggflation-dozen-pack-at-supermarket-hit-record-highs-as-bird-flu-ravages-farms","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/eggflation-dozen-pack-at-supermarket-hit-record-highs-as-bird-flu-ravages-farms\/1509141\/","title":{"rendered":"Eggflation: Dozen-Pack At Supermarket Hit\u00a0Record Highs As Bird Flu Ravages Farms"},"content":{"rendered":"

Eggflation: Dozen-Pack At Supermarket Hit\u00a0Record Highs As Bird Flu Ravages Farms<\/span><\/p>\n

\n

New retail price data shows supermarket prices of a dozen eggs have soared to record highs. The surge comes amid an ever-expanding\u00a0bird flu outbreak that has led to the culling of millions of birds, denting the size of the\u00a0nation’s\u00a0egg-laying hen population.\u00a0<\/p>\n

Bloomberg<\/a> cited\u00a0Expana data showing that a dozen eggs in the\u00a0Midwest cost about\u00a0$5.67 this week, exceeding the record high of $5.46 set in\u00a0December 2022.\u00a0<\/p>\n

Source: Bloomberg<\/em><\/a><\/p>\n

Expana’s managing editor for eggs in the Americas, Karyn Rispoli, explained that a “potent combination of avian flu-related production losses and heightened retail demand throughout the holiday baking season<\/strong>” catapulted prices to record highs.\u00a0<\/p>\n

She said\u00a017 million egg-laying hens and younger birds known as pullets had been culled<\/strong>\u00a0since mid-October amid a surge in bird flu cases, adding that was\u00a0one of the worst stretches<\/strong>\u00a0in the current bird-flu outbreak since the virus first emerged in the nation’s flock in February 2022.\u00a0<\/p>\n

“The virus also jumped to other species including dairy cattle, while a person was hospitalized with a severe case of H5N1 bird flu in Louisiana this week<\/strong>,” Bloomberg noted.\u00a0<\/p>\n

Wholesale egg prices via the\u00a0Urner Barry Egg Index<\/a><\/em> are nearing record highs (again) ….\u00a0<\/p>\n

<\/a><\/p>\n

Last month, we noted.\u00a0<\/p>\n

Egg Prices Surge Again As Grocers Face Shortages Amid Bird Flu Outbreak https:\/\/t.co\/8oikLTnryy<\/a><\/p>\n

\u2014 zerohedge (@zerohedge) November 22, 2024<\/a><\/p>\n

And pointed out in the November CPI print<\/a>: “A quarter of the November rise in prices for final demand goods is attributable to a 54.6-percent jump in the index for chicken eggs.”\u00a0<\/strong><\/p>\n

This comes as global food inflation has entered a dangerous phase of re-acceleration<\/a>.<\/p>\n

<\/a><\/p>\n

The best way cash-strapped\u00a0households can hedge over the elevated food inflation storm is\u00a0to produce their own food. Whether it’s setting up a chicken coop, planting a garden, installing\u00a0honeybee hives, or creating pastures for a few cows, now is the time to hedge against rising prices<\/a>. It’s not just about prices – it’s also about health and security. Become ungovernable by taking back the food supply chain from the corrupt food industrial complex that heavily influences federal policy-making.<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nFri, 12\/20\/2024 – 19:40<\/span><\/p>\n

\u200bhttps:\/\/www.zerohedge.com\/commodities\/eggflation-dozen-pack-supermarket-hit-record-highs-bird-flu-ravages-farms<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Eggflation: Dozen-Pack At Supermarket Hit\u00a0Record Highs As Bird Flu Ravages Farms New retail price data shows supermarket prices of a dozen eggs have soared to…<\/p>\n","protected":false},"author":0,"featured_media":1509142,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1509141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1509141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1509141"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1509141\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1509142"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1509141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1509141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1509141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}