The virus, which is highly contagious and fatal among poultry, has also been detected in dairy products and cattle in recent days. “The huge increase in egg prices is due to HPAI (highly pathogenic bird flu) hitting egg farms and killing chickens, reducing egg production,” food economist David Anderson explained.
While it was stated that more than 14 million egg-laying chickens perished due to bird flu in the USA in November and December, data from the Department of Agriculture showed that more than 8 million birds continued to be infected among US commercial flocks in the last 30 days. Nan-Dirk Mulder, a senior analyst at Rabobank, said many countries and regions around the world, such as the US, EU, Russia, South Africa, India and Nigeria, are facing historically high price levels. While egg prices have increased by 10% since the beginning of the year in the USA, they have increased by 20% in Japan.
