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The price has dropped 50% compared to March, and the shortage crisis of eggs in the USA seems to be coming to an end.
① The shortage of eggs in the USA has improved due to the easing of the Bird Flu epidemic and increased imports from the USA, with the wholesale price of bulk eggs dropping to $3 per dozen last week, down 9% from the previous week; ② Although Bird Flu resulted in the death of 30 million laying hens, the recent outbreak has been controlled, with only 2.1 million poultry infected in March.
Are egg prices going crazy? U.S. officials seek help from an Italian association and will also increase imports from South Korea.
1. US government officials inquired with the Italian Egg Producers Association about whether they could assist in ensuring the domestic egg supply in the USA to cope with the upcoming peak in demand; 2. Although the USA plans to import more eggs from South Korea, eggs are not a traditional export product of South Korea, making it difficult for the USA to balance the market solely through imports in the short term.
U.S. Grain Export Sales Maintain in Tariff Environment
Is the USA's tariff fluctuating? The USA's Secretary of Agriculture: Trump is considering exempting some tariffs on Shenzhen Agricultural Products Group.
① The USA has officially initiated a comprehensive tariff war, while Agriculture Secretary Bruker Corp Rollins stated that Trump is considering exempting certain agricultural product tariffs imposed on Canada and Mexico; ③ Tariff measures may exacerbate inflation and intensify relations with key allies, and it is expected that USA farmers' income from growing cash crops will decline for the third consecutive year in 2025.
"Egg smuggling" is active at the USA-Mexico border! The soaring egg prices have made American consumers very uneasy.
① Consumers in the USA are facing soaring egg prices, with the average price of a dozen eggs in January at $4.95, doubling year-on-year due to Bird Flu severely impacting local Raising Chickens farms; ② Last week, the U.S. Customs and Border Protection (CBP) reported a significant increase in egg smuggling activities at the Mexican border compared to the previous year; ③ CBP reminds the public that the illegal importation of fresh eggs, raw chicken, or live poultry is prohibited, and incoming travelers must declare these items.
The Trump administration has launched an egg shortage response plan, proposing to import up to 0.1 billion eggs but still not releasing a vaccine.
In response to the most severe Bird Flu outbreak in history, the Trump administration is increasing egg imports and strengthening support for Raising Chickens farmers.
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