(TheLastPatriotNews.com) – While American families grapple with a disastrous economy, they are also facing yet another financial burden as egg prices soar due to a bird flu outbreak.
The Biden administration’s failure to address this crisis has left hardworking citizens struggling to afford a basic breakfast staple.
With production down and prices up, the government’s mishandling of agricultural issues is clearly damaging our economy.
In November, U.S. egg production plummeted by 4%, reaching a total output of just 8.92 billion eggs.
This significant decline is primarily attributed to the ongoing bird flu outbreak that has been ravaging poultry farms since 2022.
The impact on American families is undeniable, with egg prices surging by a staggering 8.2% in the same month.
The number of egg-laying hens has dropped by 3% from the previous year, with only 376 million hens in November and a further decline to 375 million by December 1, 2024.
The economic impact of this crisis extends beyond the breakfast table. In November, wholesale egg prices skyrocketed by nearly 55%, putting immense pressure on small businesses and restaurants.
Wells Fargo Agri-Food Institute Sector Manager Kevin stated, “Prices over the past year have “generally” remained above 2023 prices and even “often exceeded egg prices from 2022, which was when HPAI really caught the egg market.”
The situation is dire, with experts predicting that these challenges could persist into this year if infections continue unchecked.
Prior to the outbreak in March 2022, American families enjoyed lower egg prices due to stable flock numbers.
However, the government’s mismanagement of the initial outbreak led to record-high prices in December 2022, with only a brief respite in 2023 as farmers struggled to rebuild their flocks.
The re-emergence of bird flu in late 2023 and into 2024 has only exacerbated the problem, hindering efforts to rebuild flocks and leaving the egg market critically under-supplied.
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