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US Egg Prices Hit Record High As Resurgent Bird Flu Dents Production
Tyler Durden's Photo
BY TYLER DURDEN
TUESDAY, SEP 27, 2022 - 10:40 PM
The unseasonable return of avian influenza or bird flu continues to devastate egg production in the US. As a result, retail prices for a dozen eggs at the supermarket have soared to record highs, fueling breakfast inflation.
Bird flu's return comes as more than 40 million birds were culled in the first half of the year. The disease usually abates during the hot summer months. The current death toll of birds stands at a whopping 45 million and could dramatically worsen, Beth Thompson, South Dakota's state veterinarian, told Bloomberg. She said the virus is being fueled this fall by the migration of wild birds that fly above commercial farms and leave droppings that get tracked into poultry houses.
Thompson said bird flu "doesn't seem to have been affected by that hot summer, and in the next probably four to six weeks, we're going to see those migrating birds coming back from Canada, flying over the US." She added, "that may increase the viral load that's out in the environment."
The culling of millions of birds has dented egg supplies, sending prices sky-high and above 2015 outbreak levels (last major bird flu) to now $3.16 per dozen at the supermarket. Retail prices have doubled since August 2020, straining consumers' wallets as breakfast inflation soars.
Besides eggs, turkeys sell at a record high price ahead of the Thanksgiving holiday.
According to Urner Barry data, turkey prices were about $1.82 a pound last week, up from $1.42 last year and $1.01 before the pandemic.
"There's nothing appearing on the horizon to suggest anything new is going to surface to help ease the supply-side pain for Thanksgiving turkeys," said Russ Whitman, senior vice president at commodity researcher Urner Barry.
Consumers can't catch a break as food inflation pressures household budgets. There's nothing the Federal Reserve can do about supply-side food woes because they can't print eggs or turkey meat. Instead, the Fed can aggressively send interest rates higher, denting demand though it comes at a risk of causing household costs to rise.
What is the difference between Italian and Russian bees?
Italian and Russian bees are both excellent breeds for beekeeping, although they have a tendency to swarm. Each race of bee is hard-working and can produce large amounts of honey in the right conditions. Italian bees are less aggressive and easier to requeen but are more likely to rob. The Russian breed overwinters well and has good resistance to varroa mites and other pests.
1. Appearance
The Italian bee has yellowish-brown bands on a brown abdomen. The queen is often a darker shade of orange or leathery brown, making it easier for beekeepers to spot her in the hive.
Pure Russian honey bees are typically a black or dark brown shade with pale yellow stripes. But if the hive requeens, she could mate with other drone breeds, which will alter the appearance of the colony.
2. Origin
Researchers believe Italian bees originated from the southern region of Italy. In 1859, Italian honey bees were introduced to America, where they soon replaced German bees. Italian bees are now on every ...
“Whoever controls the food supply controls the people.”
Society can only survive and fully function with a robust and ample food supply & security. All roads lead from that. That’s why supporting farmers and farming is probably the most important campaign in this era. Without food (ideally fresh & local) societies crumble and public health diminishes.
Over the past 40 years, many of our public and essential assets have been sold off or plundered for corporate greed. Land is one of the last remaining asset grab battles. Support our farmers. Our food supply depends on them.
#NoFarmersNoFood
